"Govt buys paddy worth Rs 1.26 lakh crore at MSP so far this kharif marketing season"

6th Mar,2021

"Govt buys paddy worth Rs 1.26 lakh crore at MSP so far this kharif marketing season"

Acquisition of Kharif paddy has expanded almost 15% to 669.59 lakh tons at MSP so far in the flow Kharif advertising season, costing over Rs 1.26 lakh crore, in the midst of continuous ranchers challenge three new homestead laws. Kharif Marketing Season (KMS) begins in October. Paddy is a significant Kharif (summer-planted) crop yet it is additionally filled in rabi (winter-planted) season. "In the progressing Kharif Marketing Season (KMS) 2020-21, the public authority keeps on obtaining Kharif 2020-21 harvests at MSP (Minimum Support Price) from ranchers according to existing MSP plans, as was done in past seasons," an authority explanation said.The government has 669.59 lakh huge loads of paddy till March 3, up 14.78 percent from 583.34 lakh tons in the comparing time of the earlier year."About 97.70 lakh ranchers have effectively been profited by the progressing KMS acquirement tasks with MSP estimation of Rs 1,26,418.70 crore," the assertion said.Out of the all out acquisition of 669.59 lakh tons, Punjab has contributed 202.82 lakh tons. Till March third, the food service said that 91,80,412 cotton parcels, esteeming Rs 26,716.31 crore has been acquired profiting 18,97,002 farmers.Thousands of ranchers, for the most part from Punjab, Haryana and Western Uttar Pradesh, are fighting at Delhi borders for more than a quarter of a year, looking for annulment of three homestead laws, which were passed by Parliament in September a year ago. Rancher Unions are likewise requesting a lawful assurance of the MSP