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Agriculture
Kerala Allocates ₹63.37 Crore to Settle Paddy Procurement Liability
✍️ The Economic Times
🗓 14 Oct 2026, 12:02 PM
👁 15
The Kerala government has sanctioned ₹63.37 crore to clear its outstanding paddy procurement liability.
The state government has announced a financial sanction of ₹63.37 crore to settle the paddy procurement liability that has accumulated over recent years. The allocation is aimed at clearing the debt owed to farmers and suppliers involved in the state's paddy procurement scheme. This move follows the government's ongoing efforts to streamline agricultural procurement and support the state's agrarian economy. The sanction will be released through the state’s finance department and is expected to reduce the outstanding liability on the government's books.