The assured income to farmers in Haryana through government agencies is likely to be affected due to inclement weather conditions which prevailed in the state this year.
Floods followed by extended monsoon resulted in damage to 270,000 hectares cropped area. Even as the re-transplantation was done in washed away areas, scientists feel output and yield could suffer to some extent.
This could possibly impact the assured income to farmers through Minimum Support Price (MSP). Out of the total 2.8 million tonnes leviable variety of paddy procured last year the government agencies had procured 2.6 million tonnes offering farmers MSP of Rs 1,000 per quintal for common paddy and Rs 1,030 per quintal for superfine variety(Grade A).
Assuming Rs 1,000 per quintal, farmers in the state earned Rs 263 crore income through assured returns last year. However this year, paddy figures both for common and superfine variety have been on lower side compared to last year.
The six government procuring agencies have so far purchased over 2.2 million tonnes of paddy in Haryana at a minimum support price out of the total 3 million tonnes of paddy which have arrived at the various mandis of the state. Last year 2.5 million tonnes was purchased by government agencies from total arrival of 3.66 million tonnes.
Government officials maintain the figures of procurement by government agencies would remain less compared to previous year. As against 2.63 million tonnes procured by government agencies last year, this year the figure would remain 2.4 million tonnes.
With change in MSP of paddy in comparison to last year this year the farmers in Haryana are expected to garner Rs 240 crore.
Haryana is the fifth largest contributor of paddy to the central pool after Punjab, Andhra Pradesh, Chhattisgarh and UP.
