Punjab and Haryana sees about 573,000 tons of paddy being purchased by government at MSP

The procurement figures are being released daily so as to allay any fears that the MSP is going away
Punjab and Haryana sees about 573,000 tons of paddy being purchased by government at MSP
Punjab and Haryana sees about 573,000 tons of paddy being purchased by government at MSP
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The government is not only updating the strategy for thefarming sector with its recent bills, which have been opposed by the people engagedin the entire chain of farming for whatever reasons, but also ensuring that thepromises made earlier as well as the risks taken by the farmers when they choseto grow the crops are honored.

Punjab and Haryana were two days ahead of the other statesin beginning the paddy procurement. The two states began on September 26thwhile the others began on September 28th.

As on September 3, the overall procurement of paddy for the2020-21 kharif marketing season is about 5.73 lakh ton. The buy price is theMinimum Support Price (MSP).

Rs 1,888 per quintal for the A grade while Rs 1,868 perquintal for the common grade has been fixed, for the current year.

In a pioneering move, probably to handle the concerns of thepeople employed in the farming sector, the government has started releasingdata of the procured paddy daily. This should make clear the government’sintention of honoring the MSP now as well as in the future.

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