Kharif procurement on MSP continues

at 5:17 pm
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New Delhi (NVI): The Kharif Marketing Season 2020-21 has just begun and the government continues to procure Kharif crops at minimum support price (MSP) from farmers as per its existing MSP schemes, the Ministry of Agriculture said.

“Based on the proposal from the states, approval has been accorded for procurement of 14.09 lakh metric tonne (LMT) of Pulse and Oilseeds for KMS 2020-21 for the states of Tamil Nadu, Karnataka, Maharashtra, Telangana and Haryana,” the Ministry of Agriculture & Farmers Welfare said in a statement.

For other states and UTs, approval will also be accorded on receipt of proposal for Kharif pulses and oilseeds and procurement of FAQ grade will be made as per Price Support Scheme (PSS), if the market rate goes below its MSP during the notified harvesting period, it added.

The government through its Nodal Agencies has procured 46.35 MT of moong having MSP value of Rs 33 lakhs benefitting 48 farmers in Tamil Nadu till September 28.

Similarly, 5,089 MT of copra (the perennial crop) having MSP value of Rs, 52.40 crore has been procured benefitting 3,961 farmers in Karnataka and Tamil Nadu against the sanctioned quantity of 1.23 LMT for Andhra Pradesh, Karnataka, Tamil Nadu and Kerala.

The procurement of Paddy during Kharif Marketing Season commenced from September 26, in Haryana and Punjab, the ministry said.

“Upto September 28, the Paddy procurement of 3,164 MT in Haryana and 13,256 MT in Punjab totaling 16,420 MT having MSP value of Rs 31 crore at MSP of Rs 1,888 per quintal has been done from 1,443 farmers of Haryana and Punjab,” it added. However, the procurement of paddy for the remaining states has just commenced from September 28.

Furthermore, the procurement of Cotton for the season 2020-21 shall commence from October 1 and Cotton Corporation of India (CCI) will start purchase of FAQ grade Cotton from October 1 onwards, the ministry noted.

-RJV