Government procures 44,809 MT of Paddy having MSP value of Rs. 84.60 crore from Punjab and Haryana in 3 days

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New Delhi: The arrival of KMS 2020-21 has just begun and the Government continues to procure Kharif 2020-21 crops at MSP from farmers as per its existing MSP Schemes as done in previous seasons.

Based on the proposal from the States, approval 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. For other States/UTs approval will also be accorded on receipt of proposal for Kharif Pulses and oilseeds and procurement of FAQ grade will be made as per Price Support Scheme (PSS), if the market rate goes below its MSP during the notified harvesting period.

Upto 29.09.2020, the Government through its Nodal Agencies has procured 46.35 MT of Moong having MSP value of Rs.33 lakhs benefitting 48 farmers in Tamil Nadu. Similarly, 5089 MT of copra (the perennial crop) having MSP value of Rs. 52.40 crore has been procured benefitting 3961 farmers in Karnataka and Tamil Nadu against the sanctioned quantity of 1.23LMT for the Andhra Pradesh, Karnataka, Tamil Nadu and Kerala.

The procurement of Paddy during Kharif Marketing Season 2020-21 has started from 26th September, 2020 in Haryana and Punjab. Upto 29.09.2020, the Paddy Procurement of3,506 MT in Haryana and 41,303 MT in Punjab totaling44,809 MT having MSP value of Rs.84.60 crore at MSP of Rs 1888 per quintal has been done from 2950farmersof Haryana and Punjab.

The procurement of Cotton for the season 2020-21 shall commence from 1st October 2020 and Cotton Corporation of India (CCI) will start purchase of FAQ grade Cotton from 1st October 2020 onwards.

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