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Paddy Procurement shows increase of 19.92 % over last year

Paddy procurement for Kharif 2020-21 is continuing smoothly in the procuring States & UTs of Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala,Gujarat and Andhra Pradesh with purchase of over 248.99 LMTs of paddy upto 07.11.2020 against the last year corresponding purchase of 207.63 LMT showing an increase of 19.92 % over last year.

Out of the total purchase of 248.99 LMT, Punjab alone has contributed 175.24 LMT which is 70.37 % of total procurement.

Further, based on the proposal from the States, approval was accorded for procurement of 45.10 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 States 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 07.11.2020, the Government through its Nodal Agencies has procured 31988.25 MT of Moong, Urad, Groundnut Pods and Soyabean having MSP value of Rs. 171.60 Crores benefitting 18949 farmers in Tamil Nadu, Maharashtra, Gujarat, Haryana and Rajasthan as against the last year corresponding purchase of 17586.31 MT which is an increase of 81.89% for pulses and oilseeds.

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 upto 07.11.2020 as against the last year corresponding purchase of 293.34 MT of copra.

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.

Procurement operations of seed cotton (Kapas) under MSP are going on smoothly in the States of Punjab, Haryana, Rajasthan Madhya Pradesh,Telangana, Andhra Pradesh, Maharashtra and Gujarat.

Till 07.11.2020 a quantity of 1022074 cotton bales valuing Rs.2952.51 Crore has been procured benefitting 198060 farmers.

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