# Paddy bonus casts shadow over rice export in Chhattisgarh | Economy & Policy News - Business Standard

> Chhattisgarh's government set a bonus of Rs 300 per quintal on paddy, and the Centre raised the paddy minimum support price by Rs 80. The state faces severe drought and expects about a 30 percent loss in paddy production, with a procurement target of 6.9 million tonnes.

- Date: 2017-11-03 · published 2017-11-03T12:00:00.000Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/67957-paddy-bonus-casts-shadow-over-rice-export-in-chhattisgarh-economy-and-policy
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A sharp drought-driven output loss and state procurement at support prices reduce the paddy available to traders, which tightens rice supplies and supports rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-08-23 | [Crop sowing lags in India on scanty rains, raises concerns over yields \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/45520-crop-sowing-lags-in-india-on-scanty-rains-raises-concerns-over-yields-economy.md) | -0.3% | +3.4% |
| RICE | 2017-09-27 | [Basmati rice to remain costlier this year on lower output estimates \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/68936-basmati-rice-to-remain-costlier-this-year-on-lower-output-estimates-economy-and.md) | +0.4% | -3.0% |
| RICE | 2023-06-06 | [Will dry weather and export restrictions make the rice market volatile? \| The Business Standard](https://feedsoft.ai/events/35561-will-dry-weather-and-export-restrictions-make-the-rice-market-volatile-the.md) | +9.6% | +1.9% |
| RICE | 2019-07-29 | [Food to get costlier: Inflation may rise as poor monsoon rains hit rice, food grain output - Economy News \| The Financial Express](https://feedsoft.ai/events/58050-food-to-get-costlier-inflation-may-rise-as-poor-monsoon-rains-hit-rice-food.md) | -4.0% | -10.0% |
| RICE | 2026-09-11 | [Indian rice export prices hit one-year high amid supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/17447-indian-rice-export-prices-hit-one-year-high-amid-supply-concerns-the.md) | +1.0% | +7.8% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/paddy-bonus-casts-shadow-over-rice-export-in-chhattisgarh-117110300776_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.