Paddy procurement for KMS 2020-21 increases with purchase of over 84.46 LMTs from 7.38 lakh farmers

The Kharif Marketing Season (KMS) 2020-21 has commenced and therefore the government continues at its Minimum Support Price from farmers as per its existing MSP Schemes as was covered in last seasons.  

Paddy procurement for KMS 2020-21 has gained within the procuring States and UTs of Punjab, Haryana, Uttar Pradesh, Tamil Nadu, Uttarakhand, Chandigarh, Kerala and J&K with purchase of over 84.46 LMTs of paddy from 7.38 lakh farmers.  

 Further, supported the proposal from the States, approval was accorded for procurement of 41.67 LMT of Pulse and Oilseeds of Kharif Marketing Season 2020 for the States of Tamil Nadu, Karnataka, Maharashtra, Telangana, Gujarat, Haryana, Uttar Pradesh, Odisha, Rajasthan and Andhra Pradesh under Price Support Scheme (PSS).   

Even the sanction for procurement of 1.23 LMT of Copra for the State of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala was also given. For other States/UTs approval will also be accorded on receipt of proposals for the procurement of Pulses, Oilseeds and Copra under PSS, in order that procurement of FAQ grade of those crops are often made at notified MSP for the year 2020-21 directly from the registered farmers if the market rate goes below MSP during the notified harvesting period within the respective States/UTs by the Central Nodal Agencies through State, nominated procuring agencies.  

The government through its Nodal Agencies has procured 723.79 MT of Moong and Urad having MSP value of Rs. 5.21 Crores benefitting 681 farmers in Tamil Nadu Maharashtra and Haryana. Similarly, 5089 MT of copra, the perennial crop having MSP value of Rs. 52.40 crore has been procured benefitting 3961 farmers in Karnataka and Tamil Nadu.  

In respect of Copra and Urad, rates are ruling above MSP in most of the major producing State/UTs. The respective State/UTs Governments are making necessary arrangements for the commencement of the procurement from the date as decided by the respective States supported the arrivals in respect of Kharif Pulses and Oilseeds.  

The Procurement of seed cotton  (Kapas) during Kharif Marketing Season 2020-21 and cumulative procurement by Cotton Corporation of India has reached a quantity of 165369 bales under MSP for a value of Rs. 46697.86 lakh benefitting 32994 farmers.  

Source: PIB