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.
The Government through its Nodal Agencies has procured 806.11 MT of Moong and Urad having MSP value of Rs 5.80 Crores benefitting 779 farmers in Tamil Nadu, Maharashtra and Haryana. Similarly, 5,089 MT of copra (the perennial crop) having MSP value of Rs 52.40 crore has been procured benefitting 3,961 farmers in Karnataka and Tamil Nadu.
In respect of Copra and Urad, rates are ruling above MSP in most of the major producing States. The respective State/UTs Governments are making necessary arrangements for commencement of procurement from the date as decided by the respective States based on the arrivals in respect of Kharif Pulses and Oilseeds.
Cotton procurement operations under MSP are going on smoothly in Northern States Punjab, Haryana, Rajasthan. Till October 19, a quantity of 2,00,512 cotton bales valuing Rs 56,590.51 lakh has been procured from 40,196 farmers.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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