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Govt procures 33 mn tonnes kharif paddy so far at MSP for Rs 62,278 cr

Paddy procurement in the ongoing kharif marketing season at MSP has so far increased by 20 per cent to nearly 33 mn tonnes, valued at Rs 62,278.61 crore.

Real-time price, demand forecast for select crops from next kharif season

Press Trust of India New Delhi

Paddy procurement in the ongoing kharif marketing season at MSP has so far increased by 20 per cent to nearly 330 lakh tonnes, valued at Rs 62,278.61 crore.

In the ongoing kharif marketing season (KMS) 2020-21, the government continues to procure kharif 2020-21 crops at its MSP (minimum support price) from farmers, an official statement said on Friday.

The marketing season starts from October.

Paddy procurement for kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Odisha, Madhya Pradesh, Maharashtra and Bihar.

The Food Corporation of India and state agencies have purchased 329.86 lakh tonnes of paddy up to December 3 as against purchase of 275.98 lakh tonnes in the corresponding period last year.

 

"About 31.78 lakh farmers have already been benefitted from the ongoing KMS procurement operations with MSP value of Rs 62,278.61 crore," the statement said.

Out of the total purchase of 329.86 lakh tonnes, Punjab alone has contributed 202.77 lakh tonnes, which is 61.47 per cent of the total procurement, it added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 04 2020 | 8:19 PM IST

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