Telangana Considering Incentives to Boost Rice Exports: Uttam

0
1

Hyderabad: Telangana Civil Supplies Minister N Uttam Kumar Reddy on Tuesday said the state government is considering incentives to boost rice exports. In a post on X, he said the state government is exploring a new policy to help rice producers access overseas markets.

Industries meeting export quality standards would receive government support, including speedy approvals and necessary clearances, he said.
“The government is preparing a dedicated strategy to encourage rice exports and support value-added products that can increase returns for farmers and rice millers,” Reddy said.
Telangana’s rice has significant potential in both domestic and international markets, he said. Uttam Kumar Reddy on June 9 said Telangana created a “record” in paddy procurement despite the Centre “reducing its procurement target” for the state.
He said the state government had procured 75 lakh metric tonnes (LMT) of paddy by June 9 itself during the current Yasangi (Rabi) season, against the Centre’s approved target of only 52 LMT.

Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: deccanchronicle.com