High Kharif Output Coupled with MSP Hikes Can Leave Farmers with More Liquidity of Rs 50K Cr: Report
4 years, 2 months ago

High Kharif Output Coupled with MSP Hikes Can Leave Farmers with More Liquidity of Rs 50K Cr: Report

News 18  

Mumbai: With yet another record food production at 301 million tonnes expected on the back of a bumper kharif crop this year, recent MSP hikes can leave the farmers with an additional liquidity of Rs 50,000 crore, according to a report. Kharif crops account for nearly 9 per cent of the total gross value added and contribute nearly 60 per cent of value addition of the agriculture and allied activities sector. At 144.52 million tonnes, food grain production will be 9.83 mt more than the average of past five years, and 1.12 mt or 0.8 per cent higher than the previous year’s 143.4 mt. It said it is anticipating agriculture and allied activities to clip at 3.8 per cent this year on the back of buoyant kharif and rabi crops aided by surplus reservoirs.

Crore Cent Msp Kharif  msp  report  cent  output  crore  goods  rs  tonnes  liquidity  leave  crops  kharif  high  farmers  million  hikes

History of this topic

Paddy Farming Raises Monoculture Fear
1 week, 6 days ago

Paddy Farming Raises Monoculture Fear

Deccan Chronicle  

Hyderabad:The Reserve Bank of India data on cropping pattern indicates rise in the acreage of paddy at the cost of other crops. The figures for the kharif season, as on September 25 as per figures given by the government, were paddy 26,50,379 hectares, maize 2,21,308 ha. Asked about the data, Prof. Dandi Raji Reddy, Vice Chancellor of the Sri Konda …

Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice
3 weeks, 1 day ago

Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice

Live Mint  

The FMCG sector has been one of the poorest performers over the past 18 months. Urban demand, which accounts for about 2/3rd of FMCG business, volume growth more than halved in 2024 due to an increase in food inflation, moderation in disposable income, and reduction in central & state expenditure. Also new large entrants like Reliance Consumer are eating market …

India Expects Relief in Food Inflation with Strong Kharif Harvest
4 weeks ago

India Expects Relief in Food Inflation with Strong Kharif Harvest

Deccan Chronicle  

As per the report, India’s retail inflation jumped to 6.21 percent in October, a 14-month high, driven by elevated food inflation in a few vegetables. A bumper kharif harvest is expected to lower food inflation in the coming months," it said, adding that a favourable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost rabi sowing …

Kharif 2024: AP raises crops in 37.42 lakh hectares
1 month, 1 week ago

Kharif 2024: AP raises crops in 37.42 lakh hectares

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh raised crops in 37.42 lakh hectares against the seasonal normal of 45.89 lakh hectares, during the Kharif season that ended on September 30 this year. While the agriculture department targeted paddy cultivation -- the major Kharif crop -- in at least 15.12 lakh hectares, the total sown area of paddy stood at 13.65 lakh hectares, covering 90 …

Driven by abundant monsoon, bumper kharif harvest likely
1 month, 2 weeks ago

Driven by abundant monsoon, bumper kharif harvest likely

Hindustan Times  

NEW DELHI The country is also likely to reap higher quantities of certain oilseeds, such as soyabean, which together with robust cereals production could help to put a lid on a stubborn spell of high food inflation. The country is also likely to reap higher quantities of certain oilseeds, such as soyabean, which together with robust cereals production could help …

Chhattisgarh government plans to procure 160 lakh MT of paddy in kharif season
2 months, 3 weeks ago

Chhattisgarh government plans to procure 160 lakh MT of paddy in kharif season

Hindustan Times  

The Chhattisgarh government has set a target to procure 160 lakh MT of paddy from farmers in the upcoming kharif season, officials said on Tuesday, claiming that the target is the highest since the state’s formation in 2000. The government will purchase paddy from registered farmers at a rate of 21 quintals per acre on the support price. In the …

Govt restores wheat allocations for PMGKAY beneficiaries, allocates 3.5 mn tonnes for October-March period
3 months ago

Govt restores wheat allocations for PMGKAY beneficiaries, allocates 3.5 mn tonnes for October-March period

Live Mint  

New Delhi: The government has restored wheat allocations under the Pradhan Mantri Garib Kalyan Anna Yojana —the free food scheme for the poorest—starting from October until March after a gap of more than two years. “Roughly, 10 million tonnes of wheat are available with traders in the country, which is higher compared to the same time last year," he said. …

Cabinet approves MSP hikes for all 14 kharif season crops for the upcoming 2024-25 season
6 months ago

Cabinet approves MSP hikes for all 14 kharif season crops for the upcoming 2024-25 season

The Hindu  

The Union Cabinet gave its nod to raise the minimum support price for paddy by 5.35% to ₹2,300 per quintal for the upcoming 2024-25 kharif marketing season, a decision that comes ahead of Assembly elections in Haryana, Maharashtra, Jharkhand and Delhi. In the first major decision of Prime Minister Narendra Modi’s third term in office, the Cabinet approved MSP hikes …

Govt Hikes Paddy MSP By Rs 117 To Rs 2,300 Per Quintal For 2024-25, Approves MSP For Total 14 Kharif Crops
6 months ago

Govt Hikes Paddy MSP By Rs 117 To Rs 2,300 Per Quintal For 2024-25, Approves MSP For Total 14 Kharif Crops

ABP News  

In a significant move ahead of crucial state assembly polls, the Indian government on Wednesday announced an increase in the minimum support price for paddy by 5.35 per cent to Rs 2,300 per quintal for the 2024-25 kharif marketing season. Despite managing a substantial surplus of rice, the government approved a Rs 117 per quintal hike in paddy support price. …

Centre clears new minimum support price for 14 Kharif crops
6 months ago

Centre clears new minimum support price for 14 Kharif crops

Hindustan Times  

The Narendra Modi government on Wednesday approved the minimum support price on 14 Kharif crops, Union minister Ashwini Vaishnaw announced. The Narendra Modi government on Wednesday approved the minimum support price on 14 Kharif crops Vaishnaw said that after today's decision, the farmers will get around ₹2 lakh crore as MSP. The minister said the Centre had a clear policy …

RBI annual report 2023-2024: MSPs for kharif and rabi crops ensured minimum return of 50% over cost of production
6 months, 3 weeks ago

RBI annual report 2023-2024: MSPs for kharif and rabi crops ensured minimum return of 50% over cost of production

The Hindu  

The Minimum Support rices for both kharif and rabi seasons 2023-24 ensured a minimum return of 50% over the cost of production for all crops, said the Reserve Bank's Annual Report released on May 30. The overall public stock of foodgrains as on March 31, 2024 stood at 2.9 times the total quarterly buffer norm, the report said. The report, …

Paddy Coverage Area Rise 2.7%, Pulses, Oilseeds, Jute Acreage Slightly Down: Govt Data
1 year, 3 months ago

Paddy Coverage Area Rise 2.7%, Pulses, Oilseeds, Jute Acreage Slightly Down: Govt Data

ABP News  

Area sown to paddy rose 2.71 per cent to 409.41 lakh hectare so far in the current kharif season, while sowing is underway in a few places, according to agriculture ministry data released on Friday. However, area sown to pulses remained lower at 121 lakh hectare so far this season, as against 127.57 lakh hectares in the year-ago period. Among …

Centre plans to procure 521 lakh tonnes rice this kharif
1 year, 4 months ago

Centre plans to procure 521 lakh tonnes rice this kharif

The Hindu  

The Union Food Ministry has set a target to procure 521 lakh tonnes of rice in this kharif season. “We will be universalising the scheme within some months,” he said and added that of the 250 lakh tonnes with the Food Corporation of India, only 12 lakh tonnes was non-fortified rice. He said five kilograms of fortified rice will be …

Soaring tomato prices: Relief likely with Kharif arrivals before month-end
1 year, 4 months ago

Soaring tomato prices: Relief likely with Kharif arrivals before month-end

Deccan Chronicle  

TIRUPATI: The major surge in tomato prices continues with significant let-up, but market sources say the prices might come down once the Kharif tomatoes arrive in the markets by this month-end. Chittoor district horticulture officer Madhusudhana Reddy also agreed with this timeline, saying the prices are likely to stabilise by the first week of September. The occurrence of 'bacteria wilt’, …

How Modi government's MSP policy boosts agricultural income, social security and distributive justice
1 year, 6 months ago

How Modi government's MSP policy boosts agricultural income, social security and distributive justice

Firstpost  

The Union Cabinet on 7 June 2023, increased the Minimum Support Price of all mandated Kharif crops to the tune of 5.3 per cent to 10.35 per cent for marketing season 2023-2024. However the highest MSP increase has been in moong, which witnessed a hike by 10.4 per cent to Rs 8,558 per quintal for the crop year 2023–24 from …

Telangana BJP hails hike in MSP
1 year, 6 months ago

Telangana BJP hails hike in MSP

Deccan Chronicle  

HYDERABAD: The Telangana BJP expressed its appreciation for the Union government's decision to increase the minimum support price for various crops in the upcoming Kharif crop season and the 2023-24 marketing season. Union minister G. Kishan Reddy highlighted the significant benefits for Telangana farmers, with MSPs having increased by an average of 60 per cent to 80 per cent since …

Telangana BJP Applauds Union Government's Increased MSP
1 year, 6 months ago

Telangana BJP Applauds Union Government's Increased MSP

Deccan Chronicle  

Hyderabad: The Telangana BJP expressed its appreciation for the Union government's decision to increase the minimum support price for various crops in the upcoming Kharif crop season and the 2023-24 marketing season. Union minister G. Kishan Reddy highlighted the significant benefits for Telangana farmers, with MSPs having increased by an average of 60 per cent to 80 per cent since …

Centre hikes kharif crop MSPs, ₹143 increase for paddy
1 year, 6 months ago

Centre hikes kharif crop MSPs, ₹143 increase for paddy

The Hindu  

The Centre has set the Minimum Support Price for paddy sown in the kharif or monsoon season at ₹2,183 per quintal, a hike of ₹143 per quintal in comparison to last year. The MSP for moong is ₹8,558 per quintal, an increase of ₹803 from last year, one of the highest increases among kharif crops. For ragi, this year’s MSP …

Govt weighs 3-8% increase in MSP for kharif crops
1 year, 6 months ago

Govt weighs 3-8% increase in MSP for kharif crops

Live Mint  

NEW DELHI : The central government is weighing a 3-8% increase in the minimum support price for key kharif crops in 2023-24, according to two people familiar with the development. The MSP for common and grade A paddy varieties could see a 3-7% increase to the range of ₹2,100-2,200 per quintal, one of the two people said, requesting anonymity. The …

Rice production short of target in kharif season: Centre
2 years, 3 months ago

Rice production short of target in kharif season: Centre

The Hindu  

India’s rice production during the kharif season is likely to fall short of the target of 112 million tonnes and will reach only 104.99 MT, said the first advance estimate for 2022-23 released by the Ministry of Agriculture and Farmers Welfare on Wednesday. The Centre said the production is higher by 4.40 MT than the previous five-year average of kharif …

Rice prices expected to go up as production falls 6-7 million tonnes shorter
2 years, 3 months ago

Rice prices expected to go up as production falls 6-7 million tonnes shorter

Firstpost  

However, officials believe that if steps like banning export and raising export duty succeed the price rise won’t go beyond 5-6 per cent and will keep enough stocks at disposal to mitigate any problem New Delhi: A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated …

Fall in Kharif output may keep rice prices at elevated levels
2 years, 3 months ago

Fall in Kharif output may keep rice prices at elevated levels

The Hindu  

A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. India's rice production during the 2021-22 crop year, ended June, stood at record 130.29 million tonnes as against 124.37 MT in the …

Lower Kharif sowing calls for deft management of foodgrain stock, prices: Finance Ministry report
2 years, 3 months ago

Lower Kharif sowing calls for deft management of foodgrain stock, prices: Finance Ministry report

The Hindu  

A Finance Ministry report on September 17 underlined the need for deft management of stocks of agriculture commodities in view of lower crop-sowing for the Kharif Season, stressing there should be no room for complacency on the inflation front. Overall, inflationary pressures in India appear to be on a decline with a pre-emptive set of administrative measures by the government, …

Rice retail prices soar by 6.31 per cent as less area sown with paddy this year
2 years, 4 months ago

Rice retail prices soar by 6.31 per cent as less area sown with paddy this year

Firstpost  

As per the agriculture ministry’s data, paddy has been sown in 343.70 lakh hectares till 18 August of this Kharif season when compared with 374.63 lakh hectares last year New Delhi: After wheat, rice prices are firming up on reports of supply concerns with the all-India average retail price of the grain ruling higher by 6.31 per cent at Rs …

Government announces hike in MSP for Kharif season
2 years, 6 months ago

Government announces hike in MSP for Kharif season

The Hindu  

The Union Cabinet on Wednesday hiked the minimum support price for paddy by ₹100 per quintal for the 2022-23 Kharif season. At a press briefing after a meeting of the Union Cabinet, Information and Broadcasting Minister Anurag Thakur said that Indian agriculture had scaled new heights in the last eight years because of the Modi government’s beej se bazar tak …

Many farmers plan cotton cultivation this khariff season
2 years, 6 months ago

Many farmers plan cotton cultivation this khariff season

Deccan Chronicle  

ADILABAD: Cotton farmers are looking for a hike in the existing MSP of Rs 625 for cotton, offered by the central government, in the hope that they got a good price for cotton in the market in the last season. Former chairman of Adilabad market committee, Sanjeev Reddy, said the good yield for cotton in the last Kharif season and …

MSP is no silver bullet to boost farmers' income
3 years ago

MSP is no silver bullet to boost farmers' income

Live Mint  

Even as the central government has announced its withdrawal of the three farm laws, farmer unions have persisted in their demand to make the minimum support price a legal entitlement. The National Commission on Farmers, headed by eminent agricultural scientist Dr MS Swaminathan, had in 2006 recommended the MSP should be at least 50% more than the weighted average cost …

Govt Buys 291 Lakh Tonnes Of Paddy For Rs 57,032 Cr So Far In 2021-22 Kharif Marketing Year
3 years ago

Govt Buys 291 Lakh Tonnes Of Paddy For Rs 57,032 Cr So Far In 2021-22 Kharif Marketing Year

News 18  

The government has procured paddy worth Rs 57,032 crore so far in the 2021-22 kharif marketing season. The paddy procurement is progressing smoothly in Kharif Marketing Season 2021-22 at MSP from farmers, as was done in previous years, an official statement said. Separately, the government said that under the PM-GKAY scheme, the food ministry had allocated a total of almost …

Record Foodgrain output expected, pulses output set to increase
3 years, 3 months ago

Record Foodgrain output expected, pulses output set to increase

Deccan Chronicle  

New Delhi: Amid normal monsoon rainfall across the country, India's foodgrain output is expected to touch a record 150 million tonne in the ongoing kharif season. In the kharif season of 2020-21 crop year, the foodgrain output comprising rice, pulses and coarse cereals stood at a record 149.56 million tonne, said a government release on Tuesday. "A record foodgrain production …

Record paddy harvest, lower oilseed production this kharif season
3 years, 3 months ago

Record paddy harvest, lower oilseed production this kharif season

The Hindu  

The summer kharif season is likely to produce a record paddy harvest this year, pushing the country’s foodgrain production for the season to an all time high of 15 crore tonnes, according to first advance estimates from the Agriculture Ministry. However, oilseed production is marginally lower than last year, with both groundnut and soyabean harvests slightly, which could be bad …

Cabinet clears hike in kharif crop MSPs
3 years, 6 months ago

Cabinet clears hike in kharif crop MSPs

Hindustan Times  

The Union Cabinet has raised minimum support prices of summer-sown crops, increasing them by 1.8% and 6.7%, in keeping with a policy to offer farmers at least 50% returns over the cost of cultivation, agriculture minister Narendra Singh Tomar said on Wednesday. MSPs are federally fixed floor prices for crops for government purchases aimed at avoiding distress sale by farmers …

MSP hike to boost farmers’ income, improve living standards, says PM Modi
3 years, 6 months ago

MSP hike to boost farmers’ income, improve living standards, says PM Modi

Live Mint  

With the Centre hiking the MSP of several crops on Wednesday, Prime Minister Narendra Modi said the move will boost farmers' income and improve their living standards. The support price of maize has been increased marginally by ₹20 to ₹1,870 per quintal for the 2021-22 crop year from ₹1,850 per quintal last year. The moong support price has been increased …

Centre hikes MSP for kharif crops for 2021-2022; check new prices for paddy, pules, oilseeds here
3 years, 6 months ago

Centre hikes MSP for kharif crops for 2021-2022; check new prices for paddy, pules, oilseeds here

Firstpost  

Agriculture minister Narendra Singh Tomar said the Cabinet has approved the MSP of 14 kharif crops and farmers would get 50 to 85 percent returns over their cost of production New Delhi: The government on Wednesday raised the minimum support price of paddy marginally by Rs 72 per quintal to Rs 1,940 per quintal for the 2021-22 crop year, while …

Govt Procures Paddy Worth Rs 92,121 Crore So Far at MSP; Purchase in Volume Terms Up 25%
3 years, 11 months ago

Govt Procures Paddy Worth Rs 92,121 Crore So Far at MSP; Purchase in Volume Terms Up 25%

News 18  

New Delhi: Paddy procurement has increased 25 per cent so far in the ongoing kharif marketing season to 487.92 lakh tonnes, valued at Rs 92,121 crore, an official statement said. The Food Corporation of India and state agencies have purchased 487.92 lakh tonnes of paddy till December 31 as against 390.56 lakh tonnes in the corresponding period of the previous …

Govt Procures Paddy Worth Rs 86,243 Crore at MSP So Far This Kharif Season
3 years, 11 months ago

Govt Procures Paddy Worth Rs 86,243 Crore at MSP So Far This Kharif Season

News 18  

The government's paddy procurement has increased 25 per cent so far in the ongoing kharif marketing season to 456.79 lakh tonnes, valuing Rs 86,242.83 crore. Paddy procurement for Kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, Bihar, Jharkhand and West Bengal. …

Govt Procures Paddy Worth Rs 79,675 Crore at MSP So Far; Purchase in Volume Terms Up 22%
4 years ago

Govt Procures Paddy Worth Rs 79,675 Crore at MSP So Far; Purchase in Volume Terms Up 22%

News 18  

Paddy procurement has increased 22 per cent so far in the ongoing kharif marketing season to 422.01 lakh tonnes, valued at Rs 79,675 crore. Paddy procurement for kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Odisha, Madhya Pradesh, Maharashtra and Bihar, an official statement said. The …

High costs hurt farmers in lockdown year
4 years ago

High costs hurt farmers in lockdown year

The Hindu  

that it is growing at a rather nice clip, despite the rest of the economy being in the doldrums since the COVID-19 pandemic. Among non-food crops, oilseeds output is estimated at 25.7 million tonnes, about 15 per cent more than the previous year’s figure. For instance, the survey revealed that the increase in the cost of hired machines for ploughing …

Paddy Procurement Up 21% at 375.72 Lakh Tonnes So Far; Valued at Nearly Rs 71,000 Crore
4 years ago

Paddy Procurement Up 21% at 375.72 Lakh Tonnes So Far; Valued at Nearly Rs 71,000 Crore

News 18  

Paddy procurement in the ongoing kharif marketing season has so far increased by 21 per cent to 375.72 lakh tonnes, valued at Rs 70,937.38 crore. Paddy procurement for kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Odisha, Madhya Pradesh, Maharashtra and Bihar. The Food Corporation of …

Govt Buys 368.7 Lakh Ton Kharif Paddy So Far at MSP for Rs 69,612 Crore
4 years ago

Govt Buys 368.7 Lakh Ton Kharif Paddy So Far at MSP for Rs 69,612 Crore

News 18  

Paddy procurement in the ongoing kharif marketing season at MSP has so far increased by 22.5 per cent to 368.7 lakh tonnes, valued at Rs 69,612 crore. In the ongoing kharif marketing season 2020-21, the government continues to procure kharif 2020-21 crops at its MSP from farmers, an official statement said on Friday. The Food Corporation of India and state …

Govt Procures 330 Lakh Tonnes of Kharif Paddy So Far at MSP for Over Rs 62,278 Crore
4 years ago

Govt Procures 330 Lakh Tonnes of Kharif Paddy So Far at MSP for Over Rs 62,278 Crore

News 18  

Paddy procurement in the ongoing kharif marketing season at MSP has so far increased by 20 per cent to nearly 330 lakh tonnes, valued at Rs 62,278.61 crore. In the ongoing kharif marketing season 2020-21, the government continues to procure kharif 2020-21 crops at its MSP from farmers, an official statement said on Friday. The Food Corporation of India and …

Growth momentum in tractors expected to sustain in 2021
4 years, 1 month ago

Growth momentum in tractors expected to sustain in 2021

Live Mint  

Mumbai: The robust growth momentum recorded by the tractor industry this year is expected to sustain growth during the next fiscal as well, top executives from leading tractor and farm equipment manufacturers told Mint. The sustained growth in tractor demand for another year is seen on strong fundamentals such as robust kharif sowing now leading up to good output that …

Govt Buys 116.66 Lakh Tons of Paddy at MSP in Less Than a Month, Highest Purchase from Punjab
4 years, 2 months ago

Govt Buys 116.66 Lakh Tons of Paddy at MSP in Less Than a Month, Highest Purchase from Punjab

News 18  

The government’s paddy procurement at the minimum support price has risen 28.55 per cent to 116.66 lakh tonne in less than a month compared with the year-ago same period, with maximum grain been purchased from Punjab alone, according to the Union food ministry. Till October 21, about 116.66 lakh tonne of paddy was procured, up 28.55 per cent from 90.76 …

Paddy procurement for Kharif season going on smoothly: Centre
4 years, 2 months ago

Paddy procurement for Kharif season going on smoothly: Centre

Live Mint  

Paddy procurement for the Kharif marketing season 2020-21 is going on smoothly and the government continues to procure crops at MSP from farmers as per its existing MSP schemes as was done in previous seasons, Ministry of Consumer Affairs, Food and Public Distribution said on Monday. It said that till October 18, the Government through its Nodal Agencies has procured …

Data | In 68% sale instances, crops sold below MSP in mandis
4 years, 2 months ago

Data | In 68% sale instances, crops sold below MSP in mandis

The Hindu  

Amid protests against the three farm laws, the government began procurement of Kharif crops at the Minimum Support Price. An analysis of 10 crops sold in the last one month in the mandis shows that in 68% of instances, crops were sold below the MSP. Even in the case of paddy, which is procured in significant quantity, the selling price …

Kharif Foodgrain Production Likely to Be Record 144.52 Mn Tonnes in 2020-21: Agriculture Minister
4 years, 2 months ago

Kharif Foodgrain Production Likely to Be Record 144.52 Mn Tonnes in 2020-21: Agriculture Minister

News 18  

New Delhi: Foodgrain production is pegged at record 144.52 million tonnes in the 2020-21 kharif season notwithstanding COVID-19 crisis, Agriculture Minister Narendra Singh Tomar said on Friday. Foodgrain production stood at 143.38 million tonnes during the 2019-20 kharif season, as per official data. As per the initial estimates, foodgrain production is projected to be 144.52 million tonnes in the 2020-21 …

Kharif foodgrain production likely to be record 144.52 million tonnes in 2020-21: Agriculture Minister
4 years, 2 months ago

Kharif foodgrain production likely to be record 144.52 million tonnes in 2020-21: Agriculture Minister

The Hindu  

Foodgrain production is pegged at record 144.52 million tonnes in the 2020-21 kharif season notwithstanding COVID-19 crisis, Agriculture Minister Narendra Singh Tomar said on Friday. Foodgrain production stood at 143.38 million tonnes during the 2019-20 kharif season, as per official data. As per the initial estimates, foodgrain production is projected to be 144.52 million tonnes in the 2020-21 kharif season,” …

Govt Buys 55.61 Lakh Tonnes Kharif Paddy at MSP in Last 18 Days
4 years, 2 months ago

Govt Buys 55.61 Lakh Tonnes Kharif Paddy at MSP in Last 18 Days

News 18  

New Delhi: The Centre on Sunday said about 55.61 lakh tonnes of kharif paddy worth Rs 10,500 crore has been purchased at minimum support price from 4.80 lakh farmers in the last 18 days. Till October 13, about 55.61 lakh tonnes of paddy was procured at MSP value of Rs 10,500.72 crore, it said. Till October 10, about 669.74 tonnes …

Kharif Paddy Procurement in Punjab Sees Record Jump to 15.99 Lakh Tonnes in Last 13 Days: Union Food Ministry
4 years, 2 months ago

Kharif Paddy Procurement in Punjab Sees Record Jump to 15.99 Lakh Tonnes in Last 13 Days: Union Food Ministry

News 18  

Paddy procurement at minimum support price in Punjab, the food bowl of India, rose nine times to 15.99 lakh tonnes in the first 13 days of the ongoing kharif marketing season from 1.76 lakh tonne in the year-ago period, according to the Union Food Ministry. “In the ongoing kharif season, Punjab registered an unprecedented increase of procurement from 1.76 lakh …

Govt to Shell Out Rs 1.40 Lakh Crore for Procuring Paddy at MSP in Kharif Season
4 years, 2 months ago

Govt to Shell Out Rs 1.40 Lakh Crore for Procuring Paddy at MSP in Kharif Season

News 18  

New Delhi: Amid farmers' protests against new laws, the Centre on Wednesday asserted that buying of kharif crops at Minimum Support Price is continuing and that Rs 1.40 lakh crore will be spend for procuring 738 lakh tonnes of paddy at MSP from more than 156 lakh farmers. "FCI and state agencies are all set to procure a record quantity …

Govt Procures Over 11 Lakh Tonnes Paddy at MSP Worth Rs 2,100 Cr in Last 10 Days
4 years, 2 months ago

Govt Procures Over 11 Lakh Tonnes Paddy at MSP Worth Rs 2,100 Cr in Last 10 Days

News 18  

The Centre on Tuesday said over 11 lakh tonnes of kharif paddy has been procured at minimum support price from farmers for a total of Rs 2,103.46 crore in the last 10 days. "As on October 5, cumulative procurement of paddy in the 2020-21 kharif marketing season has already crossed 11.14 lakh tonnes," the Union Food Ministry said in a …

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