Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
State to procure paddy worth ₹14,000 crore
Business Standard
|October 24, 2025
The Uttar Pradesh government is planning to purchase 6 million tonnes (Mt) of paddy in the current Kharif marketing season 2025-26 worth around %14,000 crore.
For the current season, the minimum support price (MSP) for paddy has been hiked to €2,369 per quintal (100 kg) for the common variety and 2,389 per quintal for Grade A, compared to %2,300 per quintal and 2,320 per quintal respectively last year.
While procurement of paddy began inthe western UP districts on October 1, the process will commence on November 1inthe eastern UP region.
This story is from the October 24, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Lenders eye top table
India’s state-owned banks have been set a stiff task: To see that at least two or three of them make it to the ranks of the world’s top 20 lenders. Here's how they can get there
5 mins
October 24, 2025
Business Standard
Tax tweak may tilt Infosys buyback in favour of retail, MFs
Tech major to repurchase 100 mn shares at %1,800 apiece, 18% above current price
2 mins
October 24, 2025
Business Standard
Tejashwi is Oppn’s CM face in Bihar
PM is slated to launch his election campaign today by addressing a public meeting in Samastipur
3 mins
October 24, 2025
Business Standard
Oil surges 5% on US sanctions on Russia's Rosneft, Lukoil
Oil prices rose nearly 5% on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in Ukraine, extending gains from the previous session.
1 mins
October 24, 2025
Business Standard
Defence procurement proposals worth ₹79,000 crore cleared
India on Thursday cleared proposals to procure weapons and military hardware worth ₹79,000 crore, including Nag missiles, amphibious warfare ships and electronic intelligence and surveillance systems, to boost the combat capabilities of the military.
1 min
October 24, 2025
Business Standard
Transitioning to ECL framework
A positive move towards expected loss-based provisioning
4 mins
October 24, 2025
Business Standard
Corporate advance growth for large banks robust in Q2
Pickup driven largely by higher working capital demand
2 mins
October 24, 2025
Business Standard
Fault lines in India’s regulatory state
Regulators must rebuild walls separating lawmaking, enforcement, and adjudication
4 mins
October 24, 2025
Business Standard
Foreign interest
Growth prospects are attracting investment in the financial sector
2 mins
October 24, 2025
Business Standard
Colgate-Palmolive India Q2 net down 17% on GST cut
Colgate Palmolive India’s net profit dropped 17.1 per cent to %327.5 crore in the quarter ended September (Q2), on the back of transitory disruptions at distributors and retailers across channels caused by the goods and services tax (GST) rate revision.
1 min
October 24, 2025
Listen
Translate
Change font size