The government has up to now procured around 1.7 million tonnes of pulses and oilseeds, down fifty five% from the targeted procurement of 3.Eight million tonnes for the kharif season.
The government has spent Rs 9,372 crore buying pulses and oilseeds from 12,38,547 farmers at MSP in the 2018-19 kharif crop season, the Economic Times reported.
Last 12 months, the government had bought a record 2.55 million tonnes of pulses and oilseeds, achieving 75% of the centered three.36 million tonnes summer harvest.
The procurement of winter pulses and oilseeds is underway, for which the government has set a target of four.Three million tonnes. In the previous rabi or winter cropping season, it had purchased around 4 million tonnes out of the centered 5.Five million tonnes.
The lower procurement via Nafed has resulted in pulses being offered below MSP inside the open market.
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