Saturday, April 19, 2025

MSP value of Rs 11,099.25 crore paid for paddy: Govt

Date:

Share post:

New Delhi, Oct 18 : The government on Monday said that over 56.62 lakh metric tonnes of paddy has been procured in the Kharif Marketing Season 2021-22 up to October 17.

The KMS 2021-22, at the minimum support price (MSP), commenced recently and has benefitted 3,71,919 farmers with MSP value of Rs 11,099.25 crore, an official statement said.

The procurement took place in states and UTs of Chandigarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttar Pradesh, and Uttarakhand.

The government had earlier declared October 11 as the date for starting procurement under MSP for Haryana and Punjab. However, after a hue and cry from the farmers, the date was brought earlier and the procurement started on October 1.

The government claimed it has digitised land records and the names of the farmers, owners and tillers both, and also put in place a procedure to book dates for bringing in paddy for procurement under the MSP. It also claimed that it has put in place a system that pays the farmers directly the MSP price into their bank accounts and the commission, wherever due, is diverted to the trader’s account.(IANS)

Related articles

Murder of Hindu leader: India slams Bangladesh, says killing follows pattern of systematic persecution of Hindu minorities

New Delhi, April 19: India on Saturday issued a sharp condemnation of the abduction and brutal killing of...

Foreign investors infuse Rs 8,500 crore into Indian equities this week

Mumbai, April 19: Foreign investors have once again turned their attention to Indian equities, pumping in around Rs...

S. Phangnon Konyak nominated as Member to the Court of NEHU

Shillong, April 19: Smt S. Phangnon Konyak, Member of Parliament, Rajya Sabha, Nagaland, has been nominated as a...

‘No judicial overreach’: Ex-SC judge says Parliament is supreme, can amend provisions in case of disagreement

New Delhi, April 19: Amid the debate over Supreme Court’s recent observations bringing President actions under judicial review...