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LATEST NEWS UPDATES | Bihar procurement at snail’s pace, farmers forced to sell paddy much below MSP -Santosh Singh

Bihar procurement at snail’s pace, farmers forced to sell paddy much below MSP -Santosh Singh

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published Published on Dec 6, 2020   modified Modified on Dec 6, 2020

-The Indian Express

Several farmers told The Indian Express that they had to sell their paddy for Rs 800-Rs 1,200 per quintal in open market, although the MSP is Rs 1,868 per quintal, as the procurement process is yet to begin in their areas.

Patna: THE MAJORITY of farmers in Bihar, who have harvested their paddy crop this season, have no option but to sell their produce at rates much below the Minimum Support Price of Rs 1,868 per quintal in open market, largely because of delayed and slow procurement by the state government’s nodal procurement agency, Primary Agriculture Credit Society (PACS).

Although the official date to start the paddy procurement process is November 15, this year it started only a week ago in nine of the 32 districts. So far, 793 MT paddy has been procured – against the target of 30 lakh MT – said officials involved in the procurement process.

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The Indian Express, 6 December, 2020, https://indianexpress.com/article/india/bihar-procurement-at-snails-pace-farmers-forced-to-sell-paddy-much-below-msp-7093413/?fbclid=IwAR3Qik2Fa78Ts2MXgUb2qSO88xfAQoAzzbBgtRPwgBTiyN3X3lg-USC8zEc


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