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FMTC sets support price for paddy in Jhapa; plans to purchase 50,000 quintals 

B360
B360 December 5, 2024, 12:07 pm
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BHADRAPUR, JHAPA: The Food Management and Trade Company (FMTC) is set to purchase 50,000 quintals of paddy in Jhapa.

The support price for paddy has been set at Rs 3,580.62 per quintal, according to Chulmaya Lowa, Chief of the FMTC office in Birtamod.

In the first phase, the company will purchase 15,000 quintals of Sonamansuli and 5,000 quintals of Ranjitmansuli paddy. Overall, FMTC aims to procure at least 50,000 quintals of paddy from farmers in the district. The support price is reportedly higher than the current market price.

This year, Jhapa district has produced 385,196.5 metric tonnes of paddy. According to the Agriculture Knowledge Centre, Jhapa, paddy production has increased in the district despite a reduction in the area of paddy plantation compared to previous years.

Information Officer at the Centre, Chet Raj Bhandari, stated that paddy was cultivated on 75,459 hectares of land this year, resulting in a productivity of 5.10 metric tonnes per hectare. Paddy production has increased by 8,791 metric tonnes compared to last year. Bhandari attributed this increase to favourable weather conditions, the availability of fertilisers, and the use of high-quality and advanced paddy seeds.

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