Paddy Procured Till Tuesday Registers Increase Of 20.28% Over Last Year

About 84.73 lakh farmers have benefitted from the ongoing KMS procurement operations with MSP value of Rs. 1,10,965.89 crores
Representational Image/Shutterstock
Outlook Web Bureau Jan 27, 2021

With the purchase of over 587.74 LMTs of paddy till Tuesday, January 26, in the current Kharif marketing season under existing MSP schemes, there has been an increase of 20.31 per cent in procurement against last year’s corresponding quantity of 488.49 LMT, according to Ministry of Agriculture and Farmers Welfare.

Paddy procurement for Kharif 2020-21 is continuing in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, Bihar, Jharkhand, Assam, Karnataka, and West Bengal.

Out of the total purchase, Punjab has contributed 202.77 LMT which is 34.50 per cent of total procurement.

About 84.73 lakh farmers have benefitted from the ongoing KMS procurement operations with MSP value of Rs. 1,10,965.89 crores, the ministry statement added.

Photo Credit: PIB

Till Monday, 3,01,581.08 MT of Moong, Urad, Toor, Groundnut Pods and Soyabean with MSP value of Rs.1,622.95 crores has been procured, benefitting 1,62,352 farmers in Tamil Nadu, Karnataka, Maharashtra, Gujarat, Haryana and Rajasthan.

Photo Credit: PIB

Similarly, 5,089 MT of Copra, having MSP value of Rs. 52.40 crores, has also been procured during the same period, benefitting 3,961 farmers in Karnataka and Tamil Nadu.

At present, in respect of Copra and Urad, rates are ruling above MSP in most of the major producing states.

Procurement operations of seed cotton (Kapas) under MSP are also going on in Punjab, Haryana, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Telangana, Andhra Pradesh, Odisha, and Karnataka.

Photo Credit: PIB
Till January 26, altogether 88,43,847 cotton bales, valuing Rs. 25,826.59 crores was procured, benefitting 18,13,359 farmers.

In This Article: Agri OutlookPolicy

Founding Partners