Business

Wheat, paddy procurement at all-time high: Government

Approximately 433.32 LMT of wheat has been purchased so far during the current marketing season RMS 2021-22, compared to last year’s corresponding purchase of 387.66L MT -11.77% y/y last. This is an all-time high, said Department of Consumer Affairs, Food & Public Distribution.

About 49.14 Lakh farmers have benefited from the ongoing RMS procurement work with an MSP value of Rs 85,581.35 crore, the ministry said in a statement.

In addition, 869.76LMT of paddy was tendered on the MSP for the ongoing KMS 2020-21 and the RMS benefited 128.37 Lakh farmers. This number is 14.55% more than the same period last year. Government agencies also bid a total of 10,49,575,80 tons of Pulse and Oilseeds on the MSP.

About 128.37 Lakh farmers have benefited from the ongoing KMS Procurement Activity with an MSP of Rs. 1.64.211.54 crore.

Government through Nodal Agencies purchased 10,49,575.80 MT of Moong, Urad, Tur, Gram, Masoor, Peanuts, Sunflower Seeds Mustard Seeds and Soybean with MSP value of Rs.5,662.82 Crores benefits 6,38,366 farmers in Tamil Nadu, Karnataka, Andhra Pradesh, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, Telangana, Haryana, Odisha and Rajasthan under Kharif 2020-21 and Rabi 2021 and Summer 2021.

Approximately 5089 tons of copra (perennial) with an MSP value of Rs 2,52.40 were purchased benefiting 3961 farmers in Karnataka and Tamil Nadu during the 2020-21 crop season. For the 2021-22 season, a sanction for the purchase of 51000 tons of Copra from Tamil Nadu has been introduced, whereby the procurement will be commenced from the date determined by the state government.

https://economictimes.indiatimes.com/news/economy/agriculture/wheat-paddy-procurement-at-all-time-high-government/articleshow/84689141.cms | Wheat, paddy procurement at all-time high: Government

Songdep

Inter Reviewed is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@interreviewed.com. The content will be deleted within 24 hours.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

12 + five =

Back to top button