The arrival of Kharif Marketing Season 2020-21 has just begun and the Government continues to procure Kharif 2020-21 crops at MSP from farmers as per its existing MSP Schemes as done in previous seasons.
Based on the proposal from the States, approval has been accorded for procurement of 13.77 LMT of Pulse and oilseeds for KMS 2020-21for the States of Tamil Nadu, Karnataka, Maharashtra, Telangana and Haryana.
For the other States/UT, approval will also be accorded on receipt of proposal for Kharif Pulses and oilseeds and procurement will be made as per Price Support Scheme (PSS), if the market rates go below its MSP.
The procurement of Paddy during Kharif Marketing Season 2020-21 has just started from 26th September, 2020 and up to 27.09.2020, 5637 MT having MSP value of Rs 10.53 crore at MSP of Rs 1868 per quintal has been procured from 390 farmers of Haryana and Punjab. The procurement of paddy for the remaining States will commence from 28.09.2020.
The procurement of Cotton for the season 2020-21 shall commence from 1st October 2020 and Cotton Corporation of India (CCI) will start purchase of FAQ grade Cotton from 1st October 2020 onwards.