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Govt procures 521.48 lakh tonnes of paddy till January 6 at MSP in ongoing kharif marketing season

08 Jan 2021 Evaluate

The government has procured 521.48 lakh tonnes of paddy till January 6, 2021 during this kharif marketing season from nearly 68 lakh farmers at MSP costing Rs 98,457 crore, amid the ongoing protest by farmers at various Delhi borders seeking repeal of three new farm laws and legal guarantee of MSP.

In the ongoing kharif marketing season (KMS) 2020-21, the government continues to procure kharif 2020-21 crops at MSP from farmers as per existing MSP schemes. Paddy procurement has reached 521.48 lakh tonnes till January 6, up 27.13 per cent from the year-ago period. The kharif marketing season starts from October.

About 67.89 lakh farmers have already been benefited from the ongoing KMS procurement operations with an MSP value of Rs 98,456.80 crore. Out of the total purchase of 521.48 lakh tonnes, Punjab has contributed 202.77 lakh tonnes. Till January 6, a quantity of 80,26,401 cotton bales valuing Rs 23,485.05 crore has been procured benefitting 15,59,429 farmers.

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