Govt. to procure additional 25K tonnes of soybean from ryots this season at MSP

HYDERABAD

The State government has decided to procure an additional 25,000 tonnes of soybean produced in the Kharif/Vanakalam season this year. This will be in addition to the 59,000 tonnes of soybean already procured through Markfed at the minimum support price of ₹4,892 per quintal.

Minister for Agriculture Tummala Nageswara Rao issued instruction to the Markfed authorities on Tuesday to procure the additional quantity, stating that the decision was taken keeping in mind the interests of farmers and based on the representations from the District Collectors and elected representatives. Accordingly, the procurement of additional soybean was taken up at 49 purchase centres.

The Minister stated that the State government had already written to the Centre to allow the State to procure 25,000 tonnes of additional soybean and the proposal was under the examination to ensure MSP to farmers. However, keeping in mind the farmers’ interests, the State government had taken up the procurement not waiting for the Centre’s nod.

He explained that a maximum of 27,811 tonnes of soybean was procured in Adilabad district followed by 14,476 tonnes in Nirmal, 7,867.75 tonne in Kamareddy, 5,413.85 tonnes in Nizamabad and 3,339 tonnes in Sangareddy. The Centre had allowed procurement of 59,508 tonnes initially

Published - December 17, 2024 07:27 pm IST