India: Government Procures 297.51 LMTs of Paddy

Published 2020년 11월 30일

Tridge summary

The Indian government has procured 297.51 LMTs of paddy for the Kharif Marketing Season 2020-21, a 17.73% increase from the previous year, with Punjab contributing 67.80% of the total. The government is also procuring crops from various other states and has approved the procurement of copra and certain pulses and oilseeds at Minimum Support Price (MSP) directly from registered farmers if market rates fall below the notified MSP. Additionally, the government has procured 67,045.66 MT of pulses and oilseeds, benefiting 38,892 farmers, and 210,2116 cotton bales, benefiting 41,9634 farmers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The government continues to procure Kharif crops at MSP in Kharif Marketing Season 2020-21. Government procures 297.51 LMTs of paddy till 21st November 2020. 17.73 % Increase in Procurement of Paddy Data output from the Ministry of Agriculture & Farmers Welfare revealed the purchase of 297.51 LMTs of paddy up to 21.11.2020 as against last year’s 252.69 LMT. This marks an increase of 17.73 % over the previous year. Out of the total quantity, Punjab alone has contributed 201.73 LMT, which is 67.80 % of total procurement. The government is still procuring paddy from States & Union Territories of Punjab, Haryana, UP, Telangana, Uttarakhand, TN, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, AP, Odisha, and Maharashtra. Around 26.15 Lac farmers have sold their Kharif crops to the government at an MSP value of Rs. 56168.95 Crore. Procurement of Pulses, Oilseeds, Copra, and Cotton The government-sanctioned the procurement of copra from Andhra Pradesh, Karnataka, Tamil Nadu, and Kerala. ...

Source: Grainmart