News Update

US warns Pak of punitive sanctions against trade deal with IranChinese companies decry anti-subsidy probe by EUUK’s key water supplier, Thames Water, slips into financial quagmireUK to send military aid package worth USD 619 mn to UkraineUS regulator bans non-compete agreements by employeesPalestinian PM unveils new reform packageAir India, Nippon Airways join hands for travel between India and Japan10 killed as two Malaysian Military copters crashGST - s.107(11) - There is no fetter on the powers of the appellate authority to modify the order passed u/s 130(2) by the adjudicating authority: HCSC grills Baba Ramdev & Balkrishna in misleading ad caseCBDT amends jurisdiction of Pr CCITs in many citiesGST - Statutory mandate of sub-section (4) of Section 75 is that a personal hearing should be provided either, if requested for, or if an order adverse to the taxpayer is proposed to be issued: HCCCI invites proposal for launching Market Study on AI and CompetitionGST - Documents with regard to service of notice could not be located; that impugned orders came be to be passed without an opportunity being granted to Petitioner to submit documents and being heard - Matter remanded: HCIndia initiates anti-dumping duty probe against import of Telescopic Channel drawer slider from ChinaAFMS, Delhi IIT ink MoU for collaborative research & trainingDoP&T notifies fixation of Himachal IPS cadre strength and amendment in pay rulesBengaluru Airport Customs seizes 10 yellow anacondas from check-in baggage
 
Govt procures 16 per cent more paddy this kharif season

By TIOL News Service

NEW DELHI, FEB 13, 2021: MORE than 91 lakh paddy farmers have benefitted from the ongoing Kharif Marketing Season (KMS) 2020-21 procurement operations with 636.27 lakh tonne of the crop purchased at the Minimum Support Price of over Rs. 1.20 lakh crore.

The Ministry of Food and Public Distribution said on Friday that the government has continued to procure kharif crops at MSP from farmers as per the existing schemes.

Paddy procurement has continued in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu and Kashmir, Kerala, Gujarat, Andhra Pradesh, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, Bihar, Jharkhand, Assam, Karnataka, West Bengal and Tripura.

As on February 11, over 636.27 lakh tonne of paddy has been purchased, which is an increase of 16.11 per cent against the last year corresponding purchase of 547.98 lakh tonne. Punjab alone has contributed 202.82 lakh tonne, which is 31.87 per cent of the total procurement.

"About 91.26 lakh farmers have already been benefitted from the ongoing KMS procurement operations with MSP value of Rs. 1,20,129.11 crore," it said.

The government through its nodal agencies also procured 3.09 lakh tonne of moong, urad, tur, groundnut pods and soyabean having MSP value of Rs. 1,664.63 crore from 1.67 lakh farmers in Tamil Nadu, Karnataka, Maharashtra, Gujarat, Haryana and Rajasthan.

Similarly, 5,089 tonne of copra has been purchased from almost 4,000 farmers in Karnataka and Tamil Nadu, with an an MSP value of Rs. 52.40 crore.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.




Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.