New Delhi (NVI): In a first, the farmers have started receiving payments directly into their bank accounts against sale of their wheat crop and around Rs 17,495 crore has already been transferred directly into Punjab farmers’ account during ongoing RMS 2021-22, Ministry of Consumer Affairs, Food and Public Distribution said today.
“In the ongoing Rabi Marketing Season (RMS) 2021-22, Government of India is continuing to procure Rabi crops at MSP from farmers as per existing Price Support Scheme. About 28.80 Lakh Wheat farmers have already been benefitted from the ongoing RMS procurement Operations,” the ministry said in a statement.
It further added, “About Rs 17,495 Crore has already been transferred directly into Punjab farmers’ account during ongoing RMS 2021-22. This is for the first time that the farmers of Punjab have started receiving payments directly into their bank accounts against sale of their Wheat crop.”
According to the official data, wheat procurement is going on at brisk pace in the procuring States/UTs of Punjab, Haryana, Uttar Pradesh, Chandigarh, Madhya Pradesh, Rajasthan and other states with purchase of over 292.52 LMT upto May 2, 2021. This is an increase of approx. 70% against the last year corresponding purchase of 171.53 LMT.
“Out of the total purchase of 292.52 LMT wheat, major contribution has been made by Punjab- 114.76 LMT (39.23%), Haryana- 80.55 LMT (27.53%) and Madhya Pradesh -73.76 LMT (25.21%) upto May 2, 2021,” it said.
The ministry said that about Rs 17,495 crore in Punjab and around Rs 9268.24 crore in Haryana has been transferred directly into farmers’ account corresponding to procurement up to 30th April 2021.