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January 27, 2019

Huge response to paddy procurement by State Govt

Huge response to paddy procurement by State Govt

The Bangla Government’s paddy procurement scheme has got a huge response across the State, leading to an eight-fold increase in procurement compared to last year.

In the last kharif season, the State Government procured 27,000 tonnes of paddy from farmers, while during the 2018-19 kharif marketing season (KMS), 2.14 lakh tonnes have already been bought.

The primary reason for this overwhelming response is the minimum support price (MSP) set by the government, which is Rs 300 more per quintal compared to the open market.

Seeing the huge response, the government has revised upward its total procurement target to 52 lakh tonnes.

Now, to enable everyone to sell their paddy, or at least a part of it, depending on a farmer’s production and the government’s reaching its set target of 52 lakh tonnes, a limit of 90 quintals per farmer has been set. Thus, even the most marginalised of farmers would be le to sell their production.

Source: Bartaman