33% increase in paddy procurement

New Delhi (NVI): There has been a 33 per cent increase in paddy procurement for ongoing Kharif Marketing Season (KMS) 2020-21 in comparison to the corresponding period of last year, the Ministry of Consumer Affairs, Food & Public Distribution said in a statement.

Paddy procurement for Kharif Marketing Season has now gained good momentum with the start of procurement in some other states like Kerala, the ministry said.

The increase in the pace in ongoing procuring States has resulted in a total Paddy procurement of 20,37,634 MT from about 1.7 lakh farmers of the country having MSP value of Rs 3847.05 crores.

This is a whopping increase of over 33% vis-a-vis procurement in the corresponding period last year, the ministry said.

The arrival of Kharif Marketing Season (KMS) 2020-21 has already commenced and Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes as done in previous seasons.

The ministry further stated that based on the proposal from the States, approval was accorded for procurement of 30.70 LMT of Pulse and Oilseeds for Kharif Marketing Season 2020 for the States of Tamil Nadu, Karnataka, Maharashtra, Telangana, Gujarat, Haryana, and Uttar Pradesh and Andhra Pradesh.