Sown RiceAs per the latest report available, it has been revealed that India is planning to buy 33 million tonnes of summer-sown rice from farmers in the year 2016-17 seasons for its food welfare programmers’ and to meet emergency needs, according to a statement issued by the Indian government on Friday. The world's second biggest rice producer had bought 30.93 million tonnes of rice a year before. The government agencies usually start paddy rice procurement in September and buy mainly non-basmati rice. The purchases help farmers in avoiding distress sales. Further, it has been stated that as on July 29, farmers have cultivated rice on 23.19 million hectares, slightly higher than 22.56 million hectares during Shanti Agro Industries Pvt. Ltd.the same period a year ago.

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