June 21, 2024


The business lovers

Centre has so far procured 71 million tonnes of paddy

The Centre has procured 71.05 million tonnes (mt) of paddy during the kharif promoting year 2020-21, which is however going on. This is ten per cent more than sixty four.sixty two mt procured during the former promoting year, an formal assertion claimed on Tuesday.

The paddy procurement, which value the exchequer ₹1,34,148 crore, bundled the rabi year procurement of .83 mt, it claimed.

In the meantime, wheat procurement during the existing year improved to 23.25 mt getting the overall price of procurement to ₹43,916 crore. As quite a few as 22.2 lakh wheat farmers benefited from the obtain.

Copra, pulses purchases

Equally, based on proposal from the States, the Centre permitted procurement of ten.708 mt of pulses and oilseeds below the Rate Help Plan.

The amount of copra procured, on the other hand, from four south Indian States of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu stood at .123 mt.

Till Monday, nodal companies authorised by the Centre procured almost .598 mt of moong, urad, tur, gram, masoor, groundnut pods, mustard seeds and soyabean having MSP price of ₹3,137.88 crore.

Procurement operations of seed cotton (Kapas) below MSP are going on easily in most cotton-growing States.

Till Monday, almost 91.89 lakh cotton bales (of one hundred seventy kg) valued ₹26,719.51 crore has been procured benefiting more than 18.86lakh farmers.