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Business News » Commodities News

Paddy Data so far! Government buys over 231 LMT from 19.48 lakh farmers in procurement drive; Punjab contributes 71%

Paddy procurement also saw 20% jump on year-on-year basis this year with the government procuring 192.41 LMT paddy during the same period last year

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Paddy Data so far! Government buys over 231 LMT from 19.48 lakh farmers in procurement drive; Punjab contributes 71%
The government release also says that different government agencies procured 22,481.13 MT of moong, urad, groundnut pods and soyabean worth Rs 120.99 crore of MSP value in Tamil Nadu, Maharashtra, Gujarat, Haryana and Rajasthan. PTI
Reported By: ZeeBiz WebTeam
Written By: ZeeBiz WebTeam
Updated: Fri, Nov 06, 2020
01:25 pm
New Delhi, ZeeBiz WebDesk
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Paddy procurement 2020: Government has bought 231.04 LMTs of paddy till November 4 from procuring states and  UTs of Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu and Kashmir, Kerala, Gujarat and Andhra Pradesh. Punjab alone has contributed 163.11 LMT or 70.60 per cent of the total purchase. Paddy procurement also saw 20% jump on year-on-year basis this year with the government procuring 192.41 LMT paddy during the same period last year. This was revealed in statement released by Ministry of Consumer Affairs, Food & Public Distribution. 

About 19.48 lakh farmers have already been benefitted from the ongoing KMS procurement operations with MSP value of Rs. 43620.10 Crore, said the data.  

Also, on the proposal of the states, approval was accorded for procurement of 45.10 LMT of pulse and oilseeds of Kharif Marketing Season 2020 for Tamil Nadu, Karnataka, Maharashtra, Telangana, Gujarat, Haryana, Uttar Pradesh, Odisha, Rajasthan and Andhra Pradesh under Price Support Scheme (PSS).

The government release also says that different government agencies procured 22,481.13 MT of moong, urad, groundnut pods and soyabean worth Rs 120.99 crore of MSP value in Tamil Nadu, Maharashtra, Gujarat, Haryana and Rajasthan. Last year during the same period, procurement stood at 14,904.61 MT, an increase of 50.83% for pulses and oilseeds. 

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“Procurement operation of seed cotton (Kapas) under MSP is also going on smoothly in the Punjab, Haryana,  Rajasthan Madhya Pradesh and Telangana. As many as 84,4316 cotton bales have been procured, benefitting 162091 farmers,” said the government release. 

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TAGS:
CommoditiespaddyPunjab
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