Paddy MSP

Paddy procurement in this Kharif season has crossed 700 LMT mark and MSP of about Rs 1,45,845 crore has been paid to farmers, officials said on Tuesday.

The state has paid Rs 22,670 crore to 2.4 million registered farmers against the paddy purchased

The paddy procurement started on November 1 and will continue till January 31

The Bhupesh Baghel government is paying a bonus to the farmers under the Rajiv Gandhi Nyay Yojana and facilitating them to get Rs 2,500 for a quintal of yield

The Jharkhand government on Thursday decided to give drought-hit farmers an additional amount of Rs 10 per quintal of paddy over the minimum support price (MSP) for the crop in 2022-23. The decision was taken at a cabinet meeting, chaired by Chief Minister Hemant Soren. The Centre has fixed MSP at Rs 2,040 per quintal for general variety paddy, and Rs 2,060 for A-grade to be purchased at government centres for the 2022-23 financial year. "With the state's decision to provide an additional amount of Rs 10, a drought-hit farmer will get Rs 2,050 for selling a quintal of paddy of general variety, while Rs 2,070 per quintal for A-grade, Cabinet Secretary Vandana Dadel said. She said the state government has set a target to purchase eight-lakh metric tonne of paddy from farmers this season. A farmer can sell a maximum of 200 quintal of paddy, the official said. Criticising the JMM-led government, BJP state president Deepak Prakash told PTI: "This is one of the lowest bonus amounts til

An estimated Rs 14,000 crore is expected to be injected into the rural economy of Uttar Pradesh through the procurement of paddy in the current 2022-23 kharif marketing season

Harvesting of paddy has been delayed in the main states of Punjab, Haryana, UP and even Madhya Pradesh because of late withdrawal of southwest monsoon which has left the fields wet

This acreage was, however, 1.13 per cent more than the normal area in which paddy is planted

The Centre has clamped export curbs on several paddy varieties as it feels that total production might drop by 10-12 million tonnes due to delayed sowing.

For all the kharif crops, the acreage, as on September 2, was around 106.92 mha - just 1.27% lower than last year

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The paddy marketing season normally begins from October and runs through September

The government on Monday said that over 5.66 million metric tonnes of paddy has been procured in the Kharif Marketing Season 2021-22 up to October 17

Land records being integrated into a central database

As many as 20 states, including Punjab and Haryana, have captured and integrated key parameters for cross checking during paddy procurement in the ongoing kharif marketing season

The procurement of pulses and oilseeds has also increased

The government has so far procured nearly 890 lakh tonnes of paddy, an all-time high, at MSP in the current marketing year ending September for around Rs 1.68 lakh crore.

In other words, it is political compulsion, not political expediency, that has prompted the Centre to lift higher quantities of grain, pulses and other farm commodities

The government's paddy procurement has increased by 19 per cent so far this kharif marketing season

Punjab, once India's richest state, has slipped and fallen behind. It needs to get off the paddy-wheat-MSP high and rediscover its entrepreneurial impulse