Agriculture

Procurement of wheat stagnant this year

Procurement of wheat during the Rabi Marketing Season RMS 2015-16 has been stagnant with 280 88 lakh MT
Procurement of wheat stagnant this year

The procurement of wheat during the Rabi Marketing Season (RMS) 2015-16, has been stagnant. In the season, the grain was procured 280.88 lakh MT as compared to 280.23 lakh MT during 2014-15. The information was given by Ram Vilas Paswan, the Minister for Consumer Affairs, Food and Public Distribution in the Lok Sabha today.

The minister further said that the Government had announced Minimum Support Price (MSP) of Rs1450 per quintal for procurement of wheat for RMS 2015-16, which has been uniformly paid to the farmers in various States.

Keeping in view the procurement potential areas, procurement centres for MSP operations are opened by Food Corporation of India (FCI) and State Governments, after mutual consultations.

Payment for wheat and paddy procured from farmers is either made directly to the farmers or through arthias, co-operative societies as per prevailing system of the respective State. In respect of paddy purchased by millers, the government has advised State governments to ensure payment to farmers by millers and private traders through A/c payee cheques so that trail of payment can be made while issuing MSP certificate to millers for delivery of levy rice to State governments and FCI.

- Advertisement -
The Changing Face of Rural India