Agencies procure over 1 lakh MT paddy in Haryana & Punjab till now

Agencies procure over 1 lakh MT paddy in Haryana & Punjab till now
Paddy Procurement totalling 104,417 MT having MSP value of Rs.197 crore at Rs 1,888 per quintal done from 8059 farmers of Haryana and Punjab till September 30, 2020

The arrival of Kharif Marketing Season (KMS) 2020-21 has just begun and the Government continues to procure Kharif 2020-21 crops at minimum support price (MSP) from farmers as per its existing MSP as done in previous seasons, Ministry of Agriculture & Farmers Welfare has informed.

According to the Agriculture Ministry data, the procurement of paddy during KMS 2020-21 has started from September 26, 2020 in Haryana and Punjab. Upto September 30, 2020, the paddy (rice) procurement of 13,412 MT in Haryana and 91,005 MT in Punjab totalling 104,417 MT having MSP value of Rs.197 crore at MSP of Rs 1,888 per quintal has been done from 8,059 farmers of Haryana and Punjab.

The Agriculture Ministry further said in a statement, based on the proposal from the states, approval has been accorded for procurement of 14.09 LMT of pulse and oilseeds for Kharif Marketing Season 2020 for the states of Tamil Nadu, Karnataka, Maharashtra, Telangana and Haryana and 1.23 LMT of copra (the perennial crop) for the state of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala . For other states and union territories, approval will also be accorded on receipt of proposals for procurement of pulses, oilseeds and copra under Price Support Scheme (PSS) so that procurement of FAQ grade of these crops can be made at notified MSP for the year 2020-21 directly from the registered farmers, if the market rate goes below MSP during the notified harvesting period in the respective states and UTs by the Central nodal agencies through state nominated procuring agencies.

According to the Ministry of Agriculture, upto September 29, 2020, the Government through its nodal agencies has procured 46.35 MT of moong having MSP value of Rs.33 lakh from 48 farmers in Tamil Nadu. Similarly, 5,089 MT of copra having MSP value of Rs. 52.40 crore has been procured from 3,961 farmers in Karnataka and Tamil Nadu against the sanctioned quantity of 1.23 LMT for the Andhra Pradesh, Karnataka, Tamil Nadu and Kerala.

The procurement of cotton for the season 2020-21 has commenced from Thursday and Cotton Corporation of India (CCI) has started purchase of FAQ grade cotton.

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