Supply Chain Council of European Union | Scceu.org
Procurement

Paddy Procurement Up 25.34% On Year



Paddy procurement for Kharif Marketing Season 2020-21 is continuing smoothly in the procuring States and UTs of Punjab, Haryana, Uttar Pradesh, Tamil Nadu, Uttarakhand, Chandigarh, Jammu & Kashmir, Kerala and Gujarat with purchase of over 179.827 LMTs of paddy upto 28.10.2020 against the last year corresponding purchase of 143.47 LMT showing an increase of 25.34% over last year. Out of the total purchase of 179.83 LMT, Punjab alone has contributed 122.22 LMT which translates to 67.97 % of total procurement. About 15.12 Lac farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs. 33951.35 crore. Further, based on the proposal from the States, approval was accorded for procurement of 45.10 LMT of Pulse and Oilseeds of Kharif Marketing Season 2020 for the States of Tamil Nadu, Karnataka, Maharashtra, Telangana, Gujarat, Haryana, Uttar Pradesh, Odisha, Rajasthan and Andhra Pradesh under Price Support Scheme (PSS). Further, sanction for procurement of 1.23 LMT of Copra (the perennial crop) for the States of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala was also given. For other States/UTs, approval will also be accorded on receipt of proposals for procurement of Pulses, Oilseeds and Copra under PSS so that procurement of FAQ grade of these crops can be made at notified MSP for the year 2020-21 directly from the registered farmers, if the market rate goes below MSP during the notified harvesting period in the respective States/UTs by the Central Nodal Agencies through State nominated procuring agencies.

Powered by Commodity Insights

Related Story






Related Tags:



Related posts

Retail Sourcing and Procurement Market Industry – Riding on Regulatory and Change in Consumer Preferences – Voice of Reports

scceu

Vaccine rollout boosts medical waste volumes, as workers wait for their shot

scceu

Global $24,220.51 Billion Non-Durable Goods Wholesalers Markets, 2015-2020, 2020-2025F, 2030F

scceu
`