By IANS,
New Delhi : The Cabinet Committee on Economic Affairs (CCEA) Thursday approved a bonus of Rs.50 per quintal over and above the minimum support price to paddy farmers.
The food ministry had earlier proposed a bonus of Rs.50 a quintal to step up rice procurement in the current season.
The government Aug 20 had revised the support price to Rs.950 a quintal for average quality and Rs.980 a quintal for higher grade for 2009-10.
The government has set a target of procuring 294 lakh tonnes of paddy this season.
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