India procures 532.86 lakh tonnes of paddy so far in the 2021-22 season

The Centre has procured 532.86 lakh tonnes of paddy so far in the ongoing 2021-22 marketing year season, with maximum quantities being purchased from Punjab, the Union food ministry said on Monday. “Till now, about 64.07 lakh farmers have been benefited with an MSP (minimum support price) value of Rs 1,04,441.45 crore,” the ministry said […]

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India to seek permanent solution for food procurement and stockholding at WTO

India will push for a permanent solution to the issue of public stockholding for food security purposes at the four-day ministerial meeting of the World Trade Organisation (WTO) in Geneva, starting from November 30. It will also seek a special safeguard mechanism (SSM), along the lines of the one available to developed countries, to protect […]

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Govt buys 56.62 lakh tonnes of paddy till now for the kharif marketing season for Rs 11,000 crore

The government said it has procured 56.62 lakh tonnes of paddy so far in the current kharif marketing season for over Rs 11,000 crore. The kharif marketing season (KMS) 2021-22 runs from October to September. Food Corporation of India (FCI) is the government’s nodal agency for procurement and distribution of foodgrains. “Over 56.62 lakh tonnes […]

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Integration of farmers land records for paddy procurement completed in 20 states

As many as 20 states, including Punjab and Haryana, have captured and integrated key parameters such as farmers’ land records and digital mandis with a central portal. Such information is needed for cross checking during paddy procurement in the ongoing kharif marketing season to ensure MSP reaches farmers and not traders. Delhi, Jammu and Kashmir […]

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India issues fresh quality specifications for rice, paddy procurement

The government has issued new quality specifications for rice and paddy procurement for the coming season, reports Financial Express. According to a statement, the government has established uniform criteria for fortified rice kernels (FRK) for grade A and common rice in case of purchase of fortified rice stocks, where 1% FRK shall be blended with […]

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India’s kharif foodgrain output likely to touch record 150 million tonnes this year: Agriculture Secretary

The country’s foodgrain production is likely to touch a new record of over 150 million tonnes in the Kharif season of the 2021-22 crop year (July-June) due to good rains, Agriculture Secretary Sanjay Agarwal said. Sowing of Kharif (summer) crops like paddy, which begins with the onset of the Southwest monsoon from June, will get […]

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Centre to procure 40,000 tonnes of pulses in Karnataka under Price Support Scheme

Ahead of kharif crops arrival, the Centre has approved procurement of 40,000 tonne of pulses under Price Support Scheme (PSS) in Karnataka through nodal agency NAFED. “Fresh crop of Kharif Marketing Season 2021-22 (October-September) is expected to arrive soon. For other states, approval will also be accorded on receipt of proposals for procurement of pulses, […]

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Over 1.29 crore farmers earned around Rs 1.65 lakh core through government procurement at MSP

Paddy procurement reached at an all-time high this kharif marketing season (KMS), surpassing previous high of 773.45 lakh tonnes in KMS 2019-20. About 1.29 crore farmers were paid Rs. 1,64,951.77 crore at minimum support price during the ongoing KMS procurement Operations. A total of 873.68 lakh tonness of paddy were bought from the farmers by the […]

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