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Around 250 LMT of wheat procured during current Rabi season The government has procured 252 lakh metric tonnes (LMT) of wheat so far during the ongoing Rabi marketing season (2023-24). According to estimates released by the Department of Food and Consumer Affairs, the current wheat procurement crossed last year's total procurement of 188 LMT. More than 20 lakh farmers have benefitted from the current season's procurement, with more than Rs 47,000 crore payment of minimum support price (MSP). The Food Corporation of India along with ot...
Around 250 LMT of wheat procured during current Rabi season
Around 250 LMT of wheat procured during current Rabi season
Source: IANS
11/05/2023 9:24:24 AM
Approximately 11,000 MT of wheat procured in current Rabi season  Procurement of wheat for Rabi marketing season 2023-24 has been to the tune of 10,727 metric tonnes till March 27 as compared to nil procurement last year. Food Corporation of India (FCI) chairman Ashok Meena told media persons on Tuesday that wheat has been procured from Madhya Pradesh in Ujjain, Dewas, Indore, Shajapur and Sehore among others. It is also worthwhile to note that the total procurement last year during the month of March itself was around 10,000 metric tonnes only,...
Approximately 11,000 MT of wheat procured in current Rabi season
Approximately 11,000 MT of wheat procured in current Rabi season
Source: IANS
29/03/2023 9:10:11 AM
Tamil Nadu allocates Rs 2,339 cr as farm insurance subsidy The Tamil Nadu agriculture department has allocated Rs 2,399 crore for crop insurance subsidy to the farmers in case of a natural disaster and has requested the farmers to enroll in the scheme before December 31. The farmers will have the facilities to register in primary agricultural credit cooperative societies, common service centres, or nationalised banks. The farmers will have to remit 1.5 per cent of the subsidy amount to be claimed as a registration fee. During the southwest mons...
Tamil Nadu allocates Rs 2,339 cr as farm insurance subsidy
Tamil Nadu allocates Rs 2,339 cr as farm insurance subsidy
Source: IANS
2/12/2022 11:19:51 AM
Rabi area coverage rises by 24.13L ha over last year Rabi area coverage this year has increased by 24.13 lakh hectares over last year. Taking stock of the Rabi crops position with senior officials, Agriculture Minister Narendra Singh Tomar expressed satisfaction that so far, area coverage reported under wheat is 152.88 lakh hectare as compared to 138.35 lakh hectare in the corresponding period of last year, as major wheat growing states have reported increased area coverage as compared to last year. For wheat, there has been an increase i...
Rabi area coverage rises by 24.13L ha over last year
Rabi area coverage rises by 24.13L ha over last year
Source: IANS
26/11/2022 5:23:50 PM
Adequate fertilisers available to meet needs of farmers in Rabi season, says Centre The Centre on Friday said that there is adequate availability of fertilisers in the country to meet the needs of farmers during the Rabi season. The government is sending fertilisers as per need to all states, and it is the responsibility of respective state governments to ensure availability within the states through proper intra-district and inter-district distribution, the Ministry of Chemical and Feritilisers said in a statement on Friday. All India requirement projected for urea du...
Adequate fertilisers available to meet needs of farmers in Rabi season, says Centre
Adequate fertilisers available to meet needs of farmers in Rabi season, says Centre
Source: IANS
19/11/2022 10:45:12 AM
Eight rakes of urea likely to reach Rajasthan daily Amid the ongoing urea crisis in Rajasthan, farmers can breathe easy as eight rakes of urea are likely come to the state every day with the efforts of Lok Sabha Speaker Om Birla. Birla held a meeting with the officials of the Ministry of Chemicals and Fertilisers in Delhi on Tuesday regarding the urea crisis in Rajasthan. At the meeting held in the Parliament House complex, Birla told the ministry officials that farmers across Rajasthan are demanding urea for the Rabi season, but they ar...
Eight rakes of urea likely to reach Rajasthan daily
Eight rakes of urea likely to reach Rajasthan daily
Source: IANS
16/11/2022 10:33:07 AM
Wheat procurement, MSP fell in current Rabi season 2022-23 due to geopolitical situation: Government  Wheat procurement as well as its minimum support price (MSP) to farmers and also number of farmers benefiting from minimum price fell in 2022-23 Rabi marketing season due to prevailing geopolitical tensions. According to official sources, wheat procurement in the current season of 2022-23 fell by 56.64 per cent compared to 2021-22 season. In 2022-23 Rabi season, wheat procurement was only 187.92 lakh metric tonnes (LMT) down by 56.64 per cent from 433.44 LMT procured in 2021-22....
Wheat procurement, MSP fell in current Rabi season 2022-23 due to geopolitical situation: Government
Wheat procurement, MSP fell in current Rabi season 2022-23 due to geopolitical situation: Government
Source: IANS
25/10/2022 4:27:48 PM
The Economy Observer: MSP of Rabi crops rises 6.4% YoY in FY23 - Motilal Oswal Financial Services * The government approved the increase in the Minimum Support Prices (MSPs) of all mandated Rabi crops for the marketing season 2023-24 on 18th Oct’22. The production-weighted average MSP hike of all the six crops stood at 6.4% YoY in FY23, the highest in four years. * “The increase in MSP for Rabi crops for Marketing Season 2023-24 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average Cost of ...
The Economy Observer: MSP of Rabi crops rises 6.4% YoY in FY23 - Motilal Oswal Financial Services
The Economy Observer: MSP of Rabi crops rises 6.4% YoY in FY23 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
20/10/2022 12:23:22 PM
Centre hikes MSP for Rabi crops by upto Rs 500 per quintal The Centre has hiked the minimum support price (MSP) for six Rabi crops like wheat, gram, lentils rapeseed and mustard, among others, from Rs 100 to Rs 500 per quintal for the marketing season of 2023-24. The decision taken by the Union Cabinet on Tuesday came a day after Centre released the 12th instalment of the Kisan Samman Nidhi in the accounts of farmers via direct benefit transfer. The MSP for lentils has been hiked by Rs 500 per quintal, while the support price for rapeseed and m...
Centre hikes MSP for Rabi crops by upto Rs 500 per quintal
Centre hikes MSP for Rabi crops by upto Rs 500 per quintal
Source: IANS
18/10/2022 2:12:17 PM
444 LMT wheat procurement estimated in next rabi marketing season As much as 444 lakh metric tonnes (LMT) wheat has been estimated for procurement during the forthcoming rabi marketing season 2022-23, which is more than the procurement estimate of RMS 2021-22, the government said on Friday. Also, a quantity of 42.92 LMT rice (rabi crop) has been estimated for procurement during the forthcoming rabi crop of current KMS 2021-22 from seven rice (rabi crop) procuring states. Estimates of procurement of rice (rabi crop) from governments of Maharashtra, Tamil ...
444 LMT wheat procurement estimated in next rabi marketing season
444 LMT wheat procurement estimated in next rabi marketing season
Source: IANS
26/02/2022 9:53:06 AM