Know the procurement of crops during Kharif Marketing Season 2020-21 in India

Published 2020년 10월 26일

Tridge summary

The Indian government is procuring crops for the Kharif Marketing Season 2020-21 at minimum support prices, with paddy procurement seeing a 20.89% increase from the previous year, totaling over 151.17 LMT. Paddy procurement is ongoing in several states with the majority coming from Punjab. Additionally, procurement of pulses, oilseeds, and copra is being approved based on state proposals, and some procurement has already taken place. The government is also procuring cotton, with over 3.53 lakh bales procured from 68,419 farmers by October 25, 2020.

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

Original content

In the ongoing Kharif Marketing Season (KMS) 2020-21, the Government of India continues to procure Kharif 2020-21 crops at its minimum support price (MSP) from farmers as per its existing MSP schemes, as was done in previous seasons. Paddy Paddy procurement for Kharif 2020-21 is progressing smoothly in the procuring states and union territories of Punjab, Haryana, Uttar Pradesh, Tamil Nadu, Uttarakhand, Chandigarh, Jammu & Kashmir, Gujarat and Kerala with purchase of over 151.17 LMT of paddy upto 25.10.2020 against the last year’s corresponding purchase of 125.05 LMT which is an increase of about 20.89 percent over last year Out of the total purchase of 151.17 LMT, Punjab alone has contributed 100.89 LMT which is 66.71 percent of total procurement, Ministry of Consumer Affairs, Food & Public Distribution has said in a statement today. According to the ministry, paddy, having value of Rs. 28,542.59 crore at MSP rate of Rs18,880 per MT have been procured from 12.98 lakh farmers ...

Source: Agriculture Post