Central agencies procure 1 lakh tonnes paddy at Rs1,888 support price till 30 Sept

02 Oct 2020

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Amidst opposition protest over the new farm bills that allow farmers to sell their produce anywhere in the country, beyond the confines of the local Agricultural Produce Committee markets, central procurement agencies have procured 1,04,417 tonnes of paddy at a support price of Rs1,888 per quintal, totalling Rs197 crore, from 8,059 farmers of Haryana and Punjab till 30 September, says an official release.

Earlier procurement agencies had bought 46.35 tonnes of moong having MSP value of Rs33 lakh in Tamil Nadu, besides 5,089 tonnes of copra having an MSP value of Rs52.40 crore in Karnataka and Tamil Nadu till 29 September.
Kharif marketing season 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, says he release.
The procurement of paddy during KMS 2020-21 started on 26 September 2020 in Haryana and Punjab. Up to 30 September, paddy procurement of 13,412 tonnes in Haryana and 91,005 MT in Punjab totalled 1,04,417 tonnes for a total of Rs197 crore at MSP of Rs1,888 per quintal, from 8,059 farmers of Haryana and Punjab.
Further, 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/UTs 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/UTs by central nodal agencies through state nominated procuring agencies.
Up to 29 September, the government through its Nodal Agencies has procured 46.35 tonnes of moong at an MSP value of Rs33 lakh benefitting 48 farmers in Tamil Nadu. Similarly, 5,089 tonnes of copra having MSP value of Rs52.40 crore has been procured benefitting 3,961 farmers in Karnataka and Tamil Nadu against the sanctioned quantity of 1.23 lakh tonnes for the Andhra Pradesh, Karnataka, Tamil Nadu and Kerala.
The procurement of Cotton for the season 2020-21 commences from today and Cotton Corporation of India (CCI) is starting purchase of FAQ grade Cotton from today onwards.

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