48 Lakh farmers benefit from Govt KMS 2020-21 purchases worth MSP ₹77,957 Cr: Agri Ministry

New Delhi: In the ongoing Kharif Marketing Season (KMS) 2020-21, the Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes, stated a press communication from the Ministry of Agriculture & Farmer Welfare issued on Sunday, 20th December, adding that about 48.56 lakh farmers have already benefited from the ongoing KMS procurement operations with MSP value of Rs. 77,957.83 crore.

Paddy procurement for Kharif 2020-21 has progressed smoothly in the procuring states & UTs of Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, Bihar, and Jharkhand with purchase of over 412.91 lakh MTs of paddy up to 19th December 2020, against the last year corresponding purchase of 337.74 lakh MT, showing an increase of 22.25% over last year. Out of the total purchase of 412.91 lakh MT, Punjab alone has purchased 202.77 lakh MT till the close of procurement season in the state on 30th November 2020, which is 49.10% of total procurement in the country, the Ministry said.

Paddy Procured during KMS 2020-21 (Data from Ministry of Agriculture & Farmer Welfare)
(Data from the Ministry of Agriculture)

Based on the proposal from the states, approval was accorded for procurement of 51 lakh MT of pulse and oilseeds of Kharif Marketing Season (KMS) 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 lakh MT 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 the 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 the state nominated procuring agencies.

The Agriculture Ministry stated that up to 19th December, the Government through its Nodal Agencies has procured 1,95,899.38 MT of moong, urad, groundnut pods, and soybean with a total MSP value of Rs. 1,050.08 crores, benefiting 1,08,310 farmers in Tamil Nadu, Maharashtra, Gujarat, Haryana, and Rajasthan.

Similarly, 5,089 MT of copra (the perennial crop) having MSP value of Rs. 52.40 crore has been procured, benefiting 3,961 farmers in Karnataka and Tamil Nadu up to 19th December 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 Ministry said, adding that the respective State/UT Governments are making necessary arrangements for the commencement of procurement from the date as decided by the respective States based on the arrivals in respect of Kharif pulses and oilseeds.

(Data from the Agriculture Ministry)

Procurement operations of seed cotton (kapas) under MSP are going on smoothly in the the states of Punjab, Haryana, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Telangana, Andhra Pradesh, Odisha, and Karnataka. Till 19th December, a quantity of 57,83,122 cotton bales worth Rs. 16,865.81 crore has been procured, benefiting 11,24,252 farmers.

(Data from the Agriculture Ministry)

Follow Indus Dictum on Facebook, Twitter, and LinkedIn for the latest updates.

Subscribe to Indus Dictum to receive a briefing about the latest news & feature articles. No spam, we promise.

Success! You're on the list.

The ID Staff

Daily stories by the Indus Dictum Staff

Have some feedback for the author? Click here to comment.