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Friday / November 22. 2024
HomeAgroPolicyCentre stands committed to buy excess stocks as per quality standards from Telangana: Piyush Goyal

Centre stands committed to buy excess stocks as per quality standards from Telangana: Piyush Goyal

Image credit: twitter.com

Goyal was speaking on the sidelines of the ongoing Parliament Session

Piyush Goyal, Union Minister of Consumer Affairs, Food and Public Distribution, Commerce and Industry and Textiles has said that the Centre stands committed to buying the excess stocks as per quality standards from Telangana.

Speaking on the sidelines of the ongoing Parliament Session, Goyal pointed out that in 2014-15, Rs 3391 crore was paid as MSP of paddy to farmers of Telangana. However, in KMS 2020-21, the Union government paid Rs 26,610 crores as paddy MSP to the farmers of Telangana.

“The Central Government stands committed to buy whatever excess stocks are there in Telangana, after their own consumption, in the form of raw rice and as per the quality specified by Food Corporation of India (FCI), as per the MoU with the Centre, as was committed by the state government in writing to the union government,” he said.

Goyal also briefed about the rice procurement process. He said that the Centre procures the rice based on the consumption pattern and demand of various states. The states after procuring the rice, keep stock for domestic consumption of the state and the balance is taken by the Centre.

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