Jharkhand farmers to get bonus with MSP for paddy procurement

The process of procurement of paddy has begun at the specified procurement centres across the state, Jharkhand Food, Civil Supply and Consumer Affairs Minister Saryu Roy said.
The minimum support price (MSP) for the paddy, as specified by the Union Government will be Rs 1,470 per quintal, he said here.
Apart from the MSP, the state government would give a bonus of Rs 130 per quintal, which means a farmer would get an MSP of Rs 1,600 per quintal, the minister said.
He claimed Jharkhand will be the first state in the country to announce such a bonus to farmers.

However, the farmers will have to register their names to take part in the process, Roy said, adding that around 60,000 farmers from across the state have already got their names registered.
The last date for registration is March 31, 2017, he said while appealing to the farmer community to get their registration done to make the process transparent.
Roy said registered farmers would would get SMS alerts at least three days before informing them to be present on a particular day at the procurement centre.
Besides, the farmers will get their payment through NEFT or DBT within 48 hours of procurement -- a move that would help check forgery, the minister said yesterday.