For the first time, farmers of Punjab have started receiving payments directly into their bank accounts against sale of their Wheat crop. About Rs 8,180 crore has already been transferred directly into Punjab farmers’ account.
In the ongoing Rabi Marketing Season (RMS) 2021-22, Government of India is continuing to procure Rabi crops at MSP from farmers as per existing Price Support Scheme.
Wheat procurement is going on at brisk pace in the procuring States & UTs of Punjab, Haryana, Uttar Pradesh, Chandigarh, Madhya Pradesh, Rajasthan and other States with purchase of over 222.33 LMT up to 25th April 2021 against 77.57 LMT during corresponding period of last year.
Out of the total purchase of 222.33 LMT, major contribution has been made by Punjab- 84.15 LMT (37.8%), Haryana- 71.76 LMT (32.27%) and Madhya Pradesh -51.57 LMT (23.2%) of total procurement up to 25th April, 2021.
About 21.17 Lakh Wheat farmers have already been benefitted from the ongoing RMS procurement Operations with MSP value of about Rs. 43,912 Crore.
