About Rs. 8,180 Crores already transferred directly into Punjab farmers’ account
Ministry of Consumer Affairs, Food & Public Distribution, For the first time, farmers of Punjab receiving payments directly into their bank accounts against sale of their Wheat crop without any delay, FCI under GOI & other agencies procured 222.34 LMT Wheat in Central Pool up to 25.04.2021 against 77.57 LMT during corresponding period of last year, 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, MSP Operations during Rabi Marketing Season 2021-22 in full swing, Mission "One Nation, One MSP, One DBT " taking firm shape,
For the first time, farmers of Punjab have started receiving payments directly into their bank accounts against the sale of their Wheat crop. About Rs, 8,180 crores has already been transferred directly into Punjab farmers’ account.
In the ongoing Rabi Marketing Season (RMS) 2021-22, the Government of India is continuing to procure Rabi crops at MSP from farmers as per the existing Price Support Scheme.
Wheat procurement is going on a brisk pace in the procuring States & UTs of Punjab, Haryana, Uttar Pradesh, Chandigarh, Madhya Pradesh, Rajasthan and other States with a purchase of over 222.33 LMT up to 25th April 2021 against 77.57 LMT during the corresponding period of last year.
Out of the total purchase of 222.33 LMT, a 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 an MSP value of about Rs. 43,912 Crore.
Up to 25th April 2021, about Rs, 8,180 crores in Punjab and about Rs 4,668 crore in Haryana has been transferred directly into farmers’ account.
This year, a new chapter has been added in the history of public procurement when Haryana and Punjab also switched from indirect payment of MSP to direct online transfer of benefits to farmers’ bank account by all the procuring agencies as per direction of GOI, which is being rejoiced by the farmers of Punjab/Haryana as for the first time they are receiving direct benefits against the sale of their hard toiled crops without any delay and cuts under “One Nation, One MSP, One DBT”.