Tatsat Chronicle Magazine

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UP farmers paid ₹ 11,141 crores as MSP : State records highest ever wheat procurement

58 per cent more wheat procured in RMS 2021-22 in Uttar Pradesh as compared to RMS 2020-21. Record procurement of 66.84 LMT paddy from 10.22 lakh farmers in Uttar Pradesh during KMS 2020-21

During the current RMS 2021-22, a record quantity of 56.41 lakh metric tonnes of wheat was procured from 12.98 lakh farmers at a minimum support price (MSP) in Uttar Pradesh. This is the highest ever procurement of wheat in the history of the state. A total of ₹ 11,141.28 crores has been paid to the farmers as MSP. There is an increase of 58 per cent from RMS 2020-21 during which 35.77 lakh metric tonnes of wheat was procured from 6.64 lakh farmers.

Procurement in Uttar Pradesh had shown a record paddy also during Kharif marketing season (KMS) 2020-21 itself. A record procurement of 66.84 lakh metric tonnes paddy was done from 10.22 lakh farmers of Uttar Pradesh during KMS 2020-21. This is the highest ever procurement of paddy in the history of the State. A total of ₹ 12491.88 crores has been paid to the farmers of Uttar Pradesh as MSP.

It may be noted that current marketing season RMS 2021-22 has concluded in most the wheat procuring States and July 8, 2021, a quantity of 433.32 LMT of wheat has been procured (which is an all-time high, as it has exceeded the previous high of 389.92 LMT of RMS 2020-21) against the last year corresponding purchase of 387.50 LMT. About 49.16 lakh farmers have already been benefitted from the ongoing RMS procurement operations with an MSP value of ₹ 85,581.02 crore.

Paddy procurement in the ongoing season Kharif 2020-21 is also continuing smoothly in the procuring States with the purchase of 866.05 LMTs of paddy (includes Kharif Crop 707.59 LMT and Rabi Crop 158.46 LMT) up to July 8, 2021, against last year corresponding purchase of 756.80 LMT. About 127.72 Lakh farmers have already been benefitted from the ongoing KMS procurement Operations with an MSP value of ₹ 1,63,510.77 Crore. Paddy procurement has also reached an all-time high level, surpassing the previous high of 773.45 LMT in KMS 2019-20.

 

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