Paddy procurement jumps 15.91% in KMS 2020-21

About 93.93 Lac farmers have already been benefitted from the ongoing KMS procurement Operations

Image source: Shutterstock

Image source: Shutterstock

With the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at MSP from farmers as per existing MSP Schemes, as was done in previous seasons.

About 93.93 Lac farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs 1,22,922.58 Crore. Further, based on the proposal from the States, approval was accorded for procurement of 51.92 LMT 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 (PSS).

The sanction for procurement of 1.23 LMT of Copra (the perennial crop) for the States of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala was also given. Further, based on the concerned State Govt. proposals, the sanction for procurement of 26.69 LMT of Pulse and Oilseeds of Rabi Marketing Season 2020-2021 for the States of Gujarat, Madhya Pradesh, Uttar Pradesh, Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu, was also given.

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 upto 19.02.2021. At present, in respect of Copra and Urad, rates are ruling above MSP in most of the major producing States. The respective State/UTs Governments are making necessary arrangements for the commencement of procurement from the date as decided by the respective States based on the arrivals of Pulses and Oilseeds.

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