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The government will spend Tk 10.40 billion for procuring 400,000 metric tonnes of paddy from the farmers during the current boro season.
Food Minister Sadhan Chandra Majumder gave the information while replying to a question in the parliament on Monday, reports BSS.
"The price of per tonne paddy will be procured at Tk 26,000," the minister said.
The minister also informed the parliament that the so far food ministry procured 79,463 metric tonnes of paddy with a price of Taka 2.07 billion.