The central government said that it has bought a record 418.47 lakh tonnes of wheat so far in the current crop marketing year that started in April, on which Rs 82 thousand 648 crore has been spent.
The central government said that it has bought a record 418.47 lakh tonnes of wheat so far in the current crop marketing year that started in April, on which Rs 82 thousand 648 crore has been spent. A record procurement of wheat has been achieved amidst protests by farmers sitting on the borders of Delhi since the end of November 2020. Farmers’ unions are demanding repeal of three new agricultural laws and legal guarantee of Minimum Support Price (MSP).
The Rabi Marketing Season (RMS) runs from April to March but most of the procurement takes place in May-June. An official statement said, “Wheat procurement for the current Rabi chipping season 2021-22 in Uttar Pradesh, Bihar, Rajasthan, Gujarat, Himachal Pradesh and Jammu and Kashmir is going on smoothly at MSP as in the previous year. It was done in sessions also.’
So far 46 lakh farmers have benefited from government procurement
Wheat has been procured of 418.47 lakh tonnes till June 8, while 373.22 lakh tonnes of wheat was procured in the same period a year ago. About 46 lakh farmers have already been benefited from the ongoing procurement drive at an MSP price of about Rs 82,648.38 crore, the statement said. The procurement has crossed the previous high of 389.92 lakh tonnes achieved in the entire 2020-21 marketing year.
FCI Leading Procurement Agency
The State-owned Food Corporation of India (FCI) is the principal agency for procurement and distribution of food grains. Under the National Food Security Act (NFSA), the Center sells five kg of wheat and rice per person per month to around 80 crore people at a highly subsidized rate of Rs 2-3 per kg. It has also been announced to provide free food grains to the people during the COVID crisis.
Increase in MSP of Kharif crops
With the beginning of the Kharif season, the Central Government on Wednesday increased the Minimum Support Price (MSP) for Kharif crops. Union Agriculture Minister Narendra Singh Tomar said that the MSP of paddy, the main crop of Kharif season, has been increased by Rs 72. In the crop year 2020-21, the MSP rate of paddy was Rs 1868 per quintal, which has now been reduced to Rs 1940. MSP on bajra has been increased from Rs 2150 per quintal to Rs 2250 per quintal. Apart from this, the MSP of Arhar has also been increased.
MSP will continue
Narendra Singh Tomar once again clarified that MSP will continue even further. He said that during the talks regarding reforms, there was a lot of discussion on MSP. We had said at that time and are saying even today that MSP will continue in the coming times. He said that our government is increasing the MSP on food grains and procurement on MSP is also increasing, so there is no question of removing the MSP.
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