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Centre procures 521.5 lakh tonnes of paddy so far at Minimum Support Price

Pritam Kashyap
Pritam Kashyap
Centre procures 521.5 lakh tonnes of paddy so far at Minimum Support Price

The Centre has procured 521.48 lakh tonnes of paddy so far during this Kharif marketing season from nearly 68 lakh farmers at MSP costing Rs 98,457 crore, amid the ongoing protest by farmers at various Delhi borders seeking repeal of three farm laws and legal guarantee of MSP. 

"In the ongoing Kharif marketing season (KMS) 2020-21, the government continues to procure Kharif 2020-21 crops at MSP from farmers as per existing MSP schemes," according to an official statement. 

Paddy procurement has reached 521.48 lakh tonnes till January 6, up 27.13 per cent from the year-ago period. The Kharif marketing season starts in October. 

"About 67.89 lakh farmers have already been benefited from the ongoing KMS procurement operations with an MSP value of Rs 98,456.80 crore," the statement said. 

Out of the total purchase of 521.48 lakh tonnes, Punjab has contributed 202.77 lakh tonnes. 

"Till January 6, a quantity of 80,26,401 cotton bales valuing Rs 23,485.05 crore has been procured benefitting 15,59,429 farmers," the statement said. 

In this severe cold and rains, thousands of farmers from Punjab, Haryana and some other parts of the country have been camping at several Delhi border points for more than 40 days. 

The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as farmer groups stuck to their demand for the repeal of three new farm laws. 

However, the central government listed out various benefits of the new farm acts for the growth of the country’s agriculture sector. 

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