Thursday, May 6

West Bengal: Paddy procurement scheme witness 8 time increase

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West Bengal government’s paddy procurement scheme has got an encouraging response
leading to an eight-time increase in procurement compared to last year.
In the last kharif season, the state government had procured 27,000 tonnes of paddy from
farmers, while during the 2018-19 kharif marketing season (KMS), 2.14 lakh tonnes have
already been bought.
The primary reason for this response is the MSP set by the government, which is Rs 300
more per quintal compared to the open market.
Seeing the huge response, the government has revised upward its total procurement
target to 52 lakh tonnes.
Now, to enable everyone to sell their paddy, or at least a part of it, depending on a
farmer’s production and the government’s goal to reach the target of 52 lakh tonnes, a limit of 90 quintals per farmer has been set. Thus, even the most marginalised of farmers would be able to sell their production.

Source: Economic Times

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