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Kharif season 2021: As FCI stocks pile up, Centre prunes paddy purchases at MSP

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It has also reduced the procurement target for the current year to 50 million tonne.
By Prabhudatta MishraGiven that augmented procurement of paddy in the 2020-21 crop marketing year (October-September) in the wake of the farmers’ agitation raised the grain stocks with the Food Corporation of India (FCI) to an unmanageable level, the Centre is planning to regulate the purchases from farmers at MSP in the current year.It has also reduced the procurement target for the current year to 50 million tonne, as against actual purchases of close to 60 million tonne last year, which was an all-time high and almost half the total production of the grain in the year.This may, however, anger the farmers, especially those in Punjab and Haryana, who have conventionally been the biggest beneficiaries of open-ended procurement policy.According to sources, as the kharif crop arrivals have commenced, the Centre has asked states to enforce caps on paddy procurement in 2021-22, by restricting purchases from farmers as per their land holding records and average yields. Accordingly, Punjab and Haryana have decided to buy paddy at the rate of 25 quintal per acre. Farmer organisations have already raised objections saying there should not be any such cap as yield varies across districts. A section of farmers has even seen yield of even more than 30 quintal per acre, they point out.

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