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Thursday, October 24, 2013

Maharashtra Govt begins purchase of foodgrains at MSP

Maharashtra Govt begins purchase of foodgrains at MSP

IN A view of assured bumper crops in current year. the Maharashtra Government has begun purchase of foodgrains at minimum support price (MSP) in the State. The State Government has increased substantial amount in MSP during current year.
Food and Civil Supplies Minister Anil Deshmukh informed that the Government has started purchase of food grains to protect the rights of farmers and saved them from the clutches of local traders and business persons.
After announcement of MSP, the traders will have to give more prices to the farmers. The Food Corporation of India (FCI) will work as nodal agency while Maharashtra State cooperative Marketing Federation and Tribal Development Corporation will purchase the foodgrains.
The Government will purchase rice by June 30 and other food grains upto March 31. The payment will be directly deposited in the accounts of farmers.

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