HomeBusinessPaddy, Wheat Procurement Touch All Time High

Paddy, Wheat Procurement Touch All Time High

Paddy, Wheat Procurement Touch All Time High

Wheat and paddy procurement touched all time excessive throughout the kharif and rabi seasons

Government has procured 889 lakh metric tonnes (LMT) of paddy throughout the ongoing Kharif season 2020-21 until September 5, 2021 towards the procurement of 764 LMT of paddy throughout final 12 months corresponding interval’s buy.

This is an all time excessive procurement of paddy, surpassing the earlier excessive of 773 LMT, which was accomplished within the kharif advertising and marketing season of 2019-20.

According to a press release issued by the Ministry of Agriculture, the procurement has benefitted round 130 lakh farmers as they obtained minimal help value (MSP) worth of Rs 1,67,960 crore.

Under the Rabi advertising and marketing season of 2021-22, which has lately concluded, wheat procurement until August 18, 2021 was 433 LMT, which too touched the all time excessive ranges.

The earlier excessive was wheat procurement was 389.93 LMT, which was achieved throughout the Rabi advertising and marketing season of 2020-21.

About 49.20 farmers have benefitted from the continuing Rabi advertising and marketing season procurement operations as they’ve obtained MSP worth of Rs 85,603 crore, the assertion added.

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