MSP Procurement Operations during Kharif Marketing Season 2020-21
19 October 2020, New Delhi, IN: The arrival of Kharif Marketing Season (KMS) 2020-21 has already commenced and Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes as was done in previous seasons.
Also Read: Farm sentiments remain positive led by healthy monsoons and expectations of good Kharif harvest: ICRA
Paddy procurement for KMS 2020-21 is going on smoothly in the procuring States & UTs of Punjab, Haryana, UP, TN, Uttarakhand, Chandigarh, Kerala and J&K with purchase of over 84.46 LMTs of paddy upto 17.10.2020 from 7.38 lac farmers.
Further, based on 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). Further, sanction for procurement of 1.23 LMT of Copra (the perennial crop) 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 procurement of Pulses, Oilseeds and Copra under PSS so that procurement of FAQ grade of these crops can be 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 in the respective States/UTs by the Central Nodal Agencies through State nominated procuring agencies.
Upto 17.10.2020, the Government through its Nodal Agencies has procured 723.79 MT of Moongand Uradhaving 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 States. The respective State/UTs Governments are making necessary arrangements for commencement of procurement from the date as decided by the respective States based on the arrivals in respect of Kharif Pulses and Oilseeds.
Photo credit: BryonLippincott on Visualhunt.com / CC BY-ND
3 thoughts on “MSP Procurement Operations during Kharif Marketing Season 2020-21”
Pingback: CropLife International and FAO Agree to New Strategic Partnership | Krishak Jagat
Pingback: 75 Cotton Plucking Machines distributed free of cost to the farmers | Krishak Jagat
Pingback: Stock limit on the onions imposed to curb price rise | Krishak Jagat