MP buys 15 lakh tonnes of wheat from 2 lakh farmers

Image
IANS Bhopal
Last Updated : Apr 19 2019 | 5:35 PM IST

The Madhya Pradesh government has procured 15 lakh metric tonnes of wheat from 2 lakh farmers in the state on a minimum support price (MSP) of Rs 1,840 per quintal since March 25. This is 1.60 lakh metric tonnes more than the purchase made over the same period last year. At least 71 per cent of the purchased wheat has also been carefully stored.

The Centre has fixed the MSP at Rs 1,840 per quintal, up from 1,735 per quintal last year. The Kamal Nath-led Congress government in the state is also offering an incentive of Rs 160 per quintal to the wheat farmers over and above the MSP under its 'Jai Kisan Samriddhi Yojana'.

The state government says that input costs have increased and the MSP does not suffice. Together, the farmers are being paid Rs 2,000 per quintal of wheat and the payments are being made directly into their accounts.

According to officials of the Department of Food & Public Distribution, some 600 procurement centres have been set up in the state this year. Sufficient silo bags have also been procured to ensure that there are no problems in the purchase in the next month too. Silo bags (large polythene bags which can be filled and locked airtight) with a storage capacity of 4 lakh metric tonnes are being used.

Open camps, with 14 lakh metric tonnes capacity, have been set up in places lacking in storage space. The state government has also ordered the removal of last year's wheat from warehouses that still have it.

Unseasonal rain and hailstorms over the past few days have damaged the harvest kept in several grain markets. Officials have been ordered to avoid such open storage of grain.

--IANS

hindi/rtp/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 19 2019 | 5:24 PM IST

Next Story