Centre extends soyabean procurement deadline in Maharashtra, Raj to Jan 31

The government has also permitted additional procurement of 25,000 tonnes from Telangana, which has already reached its initial target of 59,508 tonnes

Soyabean oil
The previous deadlines were January 12 for Maharashtra and January 15 for Rajasthan. | Photo: IndiaMART
Press Trust of India New Delhi
2 min read Last Updated : Jan 13 2025 | 7:00 PM IST
The Centre has extended the soybean procurement deadline in Maharashtra to January 31, and in Rajasthan to February 4, following requests from state governments, Agriculture Minister Shivraj Singh Chouhan said on Monday.
 
The deadline was previously set for January 12 in Maharashtra and January 15 in Rajasthan.
 
The government has also allowed additional procurement of 25,000 tonnes from Telangana, which has already achieved its initial target of 59,508 tonnes.
 
"Procurement is underway. We have extended the deadline for procurement in both Maharashtra and Rajasthan on state governments' requests," Chouhan told reporters here.
 
Nationwide procurement has reached 13.68 lakh tonnes, as against the target of 33.60 lakh tonnes, he said.
 
Maharashtra has the highest procurement target of 14.13 lakh tonnes, followed by Madhya Pradesh at 13.68 lakh tonnes, while Telangana, Karnataka and Rajasthan have lower targets.
 
The procurement is being conducted under the Price Support Scheme at the Minimum Support Price of Rs 4,892 per quintal to support farmers amid lower market prices.
 
Responding to queries about lower procurement, the minister said state governments are responsible for making procurement arrangements.
 
Chouhan said he would conduct weekly Monday meetings at Krishi Bhavan to review crop conditions, procurement progress, price trends and weather conditions.
 
"We will consider extension of the procurement deadline from other states if we receive a request," he added.
*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

Topics :soyabeangrain procurementrajasthanMaharashtra

First Published: Jan 13 2025 | 7:00 PM IST

Next Story