Paddy procurement shows increase

at 7:49 pm

New Delhi (NVI): The paddy procurement is continuing smoothly and has shown an increase of 19.92 per cent over last year, Ministry of Consumer Affairs, Food and Public Distribution said today.

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 248.99 LMTs of paddy upto 07.11.2020 against the last year corresponding purchase of 207.63 LMT showing an increase of 19.92 % over last year,” the Ministry said in a statement.

Out of the total purchase of 248.99 LMT, Punjab alone has contributed 175.24 LMT which is 70.37 per cent of total procurement, it said.

About 21.09 lakh farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs 47,010.10 crore.