Government continues to procure Kharif crops at its MSP from farmers

In the ongoing Kharif Marketing Season, Government continues to procure Kharif crops at its Minimum Support Price from farmers as per its existing MSP Schemes.

About 32.92 lakh paddy farmers have benefitted from Kharif Marketing Season Procurement Operations with MSP value of over Rs. 63,563 crore.

Agriculture Ministry said, paddy procurement for the current Kharif season has progressed smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu and Kashmir, Kerala, Gujarat, Andhra Pradesh, Odisha Madhya Pradesh, Maharashtra and Bihar.

Over 336 Lakh Metric Tonnes of paddy have been procured against the last year corresponding purchase of around 280 Lakh Metric Tonnes.

This shows an increase of 20.27 per cent over last year. Out of the total purchase of over 336 Lakh Metric Tonnes, Punjab alone has purchased 202.77 Lakh Metric Tonnes till the close of procurement season in the state on 30th of last month.

It is 60.23 per cent of total procurement in the country.

The Ministry said, approval was accorded for procurement of 45.24 Lakh Metric Tonnes of Pulse and Oilseeds of Kharif Marketing Season 2020 for the States of Tamil Nadu, Karnataka, Maharashtra, Telangana, Gujarat, Haryana, Uttar Pradesh, Odisha, Rajasthan and Andhra Pradesh under Price Support Scheme.