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“Until now, about 64.07 lakh farmers have been benefited with an MSP (minimal help worth) worth of Rs 1,04,441.45 crore,” the ministry stated in a press release.
The Centre has procured 532.86 lakh tonnes of paddy thus far within the ongoing 2021-22 advertising and marketing yr season, with most portions being bought from Punjab, the Union meals ministry stated on Monday.”Until now, about 64.07 lakh farmers have been benefited with an MSP (minimal help worth) worth of Rs 1,04,441.45 crore,” the ministry stated in a press release.
Out of the whole procurement undertaken thus far, most of 186.85 lakh tonnes of paddy has been procured from Punjab, adopted by 67.65 lakh tonnes from Chhattisgarh, 65.54 lakh tonnes from Telangana, 55.30 lakh tonnes from Haryana and 46.50 lakh tonnes from Uttar Pradesh until January 9 of the continuing advertising and marketing season.
The paddy advertising and marketing season usually begins from October and runs via September.Through the advertising and marketing season 2020-21, the federal government had procured 895.83 lakh tonnes of paddy at an MSP (minimal help worth) worth of Rs 1,69,133.26 crore.
The federal government undertakes procurement operations via state-run Meals Company of India (FCI) in addition to state companies.
The federal government buys largely paddy and wheat to guard farmers with MSP, and use the procured grains for distribution via ration retailers for the poor beneficiaries registered below the Nationwide Meals Safety Act at extremely subsidised charges.
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