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6 The minimum price of rabi crop has gone up

Bijaya Laxmi by Bijaya Laxmi
September 22, 2020
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The minimum support price system will be for the agricultural sector
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New Delhi: Opposition parties and farmers’ organizations have surrounded the government, both inside and outside parliament, over the Farmers Bill. If the law is implemented, there is a risk that the minimum support price for crops for farmers in the country will go up. Today, the government has kind of eliminated this fear. The government has announced an increase in the minimum support price for six crops for next Sunday. The decision was taken at a meeting of the Cabinet Committee on Economics chaired by Prime Minister Jharkhand in the afternoon. Later, Agriculture Minister Narendra Singh Tomar announced an increase in the minimum support price for rabi in the Lok Sabha.

According to the minister, the minimum support price for wheat has been increased by Rs 50 per quintal. As a result, the minimum price of wheat will be Rs 165 per quintal for the next harvest season. Similarly, the price of beans has been announced at Rs 225, lentils at Rs 300, mustard at Rs 225, barley at Rs 75 and Kusum at Rs 112. The government announces the minimum support price for the rabi crop in October. But the announcement was made in September this year. The government announces the minimum support price to encourage farmers to grow crops. The government also collects crops from farmers at this price. Accordingly, farmers will receive a return of 104 per cent on wheat, 63 per cent on mustard, 8 per cent on pulses and 75 per cent on barley. In the case of procurement, the Food Corporation of India and other government agencies will continue to provide price assistance to farmers. The government has created a buffer stock for Dali. Dali is being bought using the price stability fund. The government has amassed a record 3.6 million tonnes of wheat, despite the announcement of a deadline to deal with the corona epidemic. About 700,000 farmers have benefited from this. In 2019-20, 3.6 million tonnes of wheat was harvested. During the corona, the number of wheat and oilseed collection centers was increased by 1.5 times and 3 times, respectively. During the epidemic, wheat worth Rs 75,000 was collected, which is 15 per cent more than last year.

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