Wheat, paddy procurement at all-time high: Indian Government

Around 433.32 LMT wheat procured in the current marketing season RMS 2021-22 so far, against the last year corresponding purchase of 387.66L MT -11.77 % more in comparison to last year’s corresponding period. This is an all time high, said the Ministry of Consumer Affairs, Food & Public Distribution.

About 49.14 Lakh farmers have already been benefitted from the ongoing RMS procurement operations with MSP value of Rs 85,581.35 crore, the ministry said in a statement. In addition, 869.76LMTs of paddy was procured on MSP for ongoing KMS 2020-21 and RMS benefitting 128.37 Lakh farmers. This is 14.55 % more paddy procured in comparison to last year’s corresponding period. Government agencies have also procured total 10,49,575.80 MT of Pulses and Oilseeds on MSP.

About 128.37 Lakh farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs. 1,64,211.54 crore.

The government through its Nodal Agencies has procured 10,49,575.80 MT of Moong, Urad, Tur, Gram, Masoor, Groundnut Pods, Sunflower seed Mustard Seed and Soyabean having MSP value of Rs.5,662.82 Crores benefitting 6,38,366 farmers in Tamil Nadu, Karnataka, Andhra Pradesh, Madhya Pradesh, Maharashtra, Gujarat, Uttar Pradesh, Telangana, Haryana, Odisha and Rajasthan under Kharif 2020-21 and Rabi 2021 and Summer 2021.

Around 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 during the crops season 2020-21. For the season 2021-22, sanction for procurement of 51000 MT of Copra from Tamil Nadu has been given, against which procurement will be started from the date as decided by the state government.