The chief minister made the announcement during a meeting held late this evening with heads of the Haryana State Grain Markets Association.
State's intervention provides interim platform for farmers to sell their Rabi produce at MSP and avoid distress sales when all market yards are shut
State govt agencies and FCI procure from over 700,000 farmers, including sharecroppers and contract farmers for the first time; Rs 9,000 cr paid to cultivators
Paddy procurement in the state started on December 1 and would continue till February 15
So far, UP has procured 4.2 MT with 8 weeks still left in 2019-20 kharif marketing season
State has paid farmers nearly Rs 7,250 cr for the crop so far; full-year procurement target set at 5 mn tonnes
State is targetting procurement of 5 mn tonnes of the crop by Feb 2020
Exporters hopeful of Iran market improving next year
The Bhupesh Baghel-led state government has locked horns with the Centre over procurement of paddy at Rs 2,500 a quintal, higher than the minimum support price
Congress govt in the state had been mounting pressure on Centre to allow procurement at a higher price
Lack of long term export policy, high costs making Indian rice uncompetitive
In the run-up to the 2019 Lok Sabha elections, the ruling BJP does not want to give any chance to the opposition parties to attack the Adityanath government over farm issues
The procurement is almost 20% lower this year and makes the government's target of acquiring 5 MT paddy in the current kharif marketing season difficult.
If UP govt is able to achieve its procurement target, the total payout to the state's farmers is projected to hit almost Rs 85 bn
Amarinder Singh had been pursuing the issue of early release of CCL to ensure a timely payment of the paddy farmers
The state will set up about 3,000 procurement centres across UP during the entire 5-month kharif season
Farmers paid Rs 52 bn through direct benefit transfer
State has set a target of 8.2 million tonnes; Last year, it was among top 3 rice-producing states
The state government had set a target to produce 8.68 MT of foodgrain this year