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HomeAgroPolicyKharif procurement operations hits MSP value of Rs 54147.38 Cr

Kharif procurement operations hits MSP value of Rs 54147.38 Cr

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Image credit: pib.gov.in

Punjab alone accounts for 199.32 of the total 286.79 LMTs of total Paddy Procurement

In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes. Paddy procurement for Kharif 2020-21 is continuing smoothly in the procuring States & UTs of Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat and Andhra Pradesh with purchase of over 286.79 LMTs of paddy upto 17.11.2020 against the last year corresponding purchase of 241.78 LMT showing an increase of 18.61 per cent over last year.

Out of the total purchase of 286.79 LMT, Punjab alone has contributed 199.32 LMT which is 69.41 per cent of total procurement.About 24.78 Lac farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs. 54147.38 crore.

Further, based on the proposal from the States, approval was accorded for procurement of 45.10 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). 

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