Modi government told such news to the farmers, a wave of happiness among 14 crore farmers

5

Food Corporation of India: The procurement of wheat and paddy has increased significantly during the last eight years of the Modi government. This increase is due to increase in minimum support price (MSP) and procurement from other states. said a senior Food Ministry official. The number of farmers covered under the MSP has also increased due to procurement of large quantities of wheat and paddy by the Food Corporation of India (FCI), the nodal agency for procurement and distribution of food grains.

Central procurement of wheat and paddy has increased significantly

“There has been a substantial increase in the central procurement of wheat and paddy between 2013-14 and 2021-22 marketing seasons,” said Subodh Singh, additional secretary in the food ministry. The procurement base has widened and we are now procuring food grains from more states. The MSP has also increased significantly during this period. He said that procurement is taking place in Himachal Pradesh, Assam and Tripura. He said that FCI has started procurement of paddy from Rajasthan. The production of wheat and paddy has also increased since 2013-14.

MSP of wheat increased to Rs 2,125 per quintal

Wheat procurement increased from 250.72 lakh tonnes in 2013-14 to 433.44 lakh tonnes in 2021-2. The value of wheat procured increased from Rs 33,847 crore to Rs 85,604 crore. Singh said that as against 20.47 lakh farmers in 2016-17, 49.2 lakh wheat farmers were benefited in 2021-22. Data on the number of farmers benefited prior to 2016-17 is not available. The MSP of wheat has been increased to Rs 2,125 per quintal. It was Rs 1,350 per quintal in 2013-14. That is, in the last eight years, the support price of wheat has increased by 57 percent.

For paddy, the MSP has increased by 53 per cent from Rs 1,345 per quintal in 2013-14. It is currently Rs 2,060 per quintal. Paddy procurement has increased from 475.30 lakh tonnes in 2013-14 to 857 lakh tonnes in 2021-22 (October-September). The MSP value to be paid to paddy farmers has increased from Rs 64,000 crore to Rs 1.7 lakh crore during 2021-22.

Comments are closed.