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Procurement

Government to pay Rs 2.37 lakh crore for procurement of wheat, paddy under MSP

Nirmala Sitharaman on Tuesday said the government will pay Rs 2.37 lakh crore towards procurement of wheat and paddy under MSP operations.

Union Budget 2022: Rs 2.37 lakh cr for MSP, tech usage and chemical free farming for agri sector

Kisan Drones for crop assessment, land records and spraying of insecticides would be promoted, Finance Minister Nirmala Sitharaman said on Tuesday. “Use of Kisan Drones for crop assessments, land records, spraying of insecticides, are expected to drive a wave of technology in the Agriculture and farming sector,” the Finance Minister said as she read out Budget 2022-23 provisions. Inclusive development is the government’s priority, which includes farmers for Paddy, Kharif & Rabi crops, under which 1,000 lakh metric tonnes (LMT) paddy is expected to be procured benefiting over one crore farmers, the Finance Minister said.

The fiscal 2022-23 has been announced as International Year of Millets, the finance minister said while presenting the Union Budget for 2022-23.

(Inputs from agencies)

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