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Rs 2.75 Lakh Cr Food Grains Procured From Farmers At MSP In A Year: Tomar

Tomar said that 339.88 LMT paddy has been procured at MSP during Kharif Marketing Season (KMS) 2022-23 up to 4th December 2022 at a cost of Rs 70,000 crore

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Union Minister for Agriculture and Farmers Welfare, Narendra Singh Tomar on Thursday said that the government has made a record purchase of Rs 2.75 lakh crore on MSP in 2021-22.

He informed that the 339.88 LMT paddy (227.82 LMT in case of rice) has been procured at MSP during Kharif Marketing Season (KMS) 2022-23 up to 4 December 2022 at a cost of Rs 70,000 crore, benefitting 30 lakh farmers.

While paddy procurement in Kharif was 475 LMT in 2013-14, this has increased to 759 LMT in 2021-22 (an increase of 60 per cent). There has been an increase of 132 per cent in the procurement price in eight years (now the total value is about Rs 1.5 lakh crore).

The minister further said that during the Rabi Marketing Season (RMS) 2022-23, 187.92 LMT wheat has been procured, benefiting about 17 lakh farmers, with an MSP of about Rs 38 thousand crore. 

Rabi procurement was 251 LMT in 2013-14, which has increased to 433.44 LMT in 2021-22 (73 per cent increase). In eight years, there has been an increase of 152 per cent in the purchase price (now the total price is about Rs 85 thousand crore).

Tomar added that the total procurement of food grains (including wheat, paddy and pulses) was 759.44 lakh tonnes in the year 2014-15, which has increased to 1345.45 lakh tonnes in 2021-22. 

Similarly, in 2014-15, the expenditure in terms of MSP value and total procurement was Rs 1.06 lakh crore, which increased to Rs 2.75 lakh crore in 2021-22 under the Modi government.

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