Updated: December 26, 2021 12:12:45 am
The National Cooperative Marketing Federation (NAFED) is likely to procure nearly 8 lakh tonnes of tur this season at the government-declared Minimum Support Price (MSP) under the Price Support Scheme.
SK Singh, additional managing director, Nafed, while speaking to The Indian Express, said this year their preparations for the procurement are complete with all the agencies having been asked to start working.
Farmers in the country have cultivated the pulse in over 48.24 lakh hectares this season. However, the pulse has been trading below its MSP of R 6,300 per quintal. At Latur’s wholesale market–one of the largest tur growing areas of the country–the average trading price of tur is around Rs 5,500 per quintal. Traders have ruled out any sharp price correction in the pulse.
During his earlier interaction with The Indian Express, Singh had said Maharashtra would see nearly 2.71 lakh tonnes of procurement under the scheme. Registration of farmers have started from December 20, with all other arrangements being put in place. “If need be, we will cross this figure to stabilize the price and ensure farmers get a better price,” he said. Across the country, preparations are on to ensure that procurement starts soon.
Although tur is sown as a Kharif crop, farmers bring their produce from January onwards. This year, there has been some reports of the crop getting damaged in some areas due to heavy rain. Traders in Karnataka have reported damage to the crop, while those in Maharashtra have not reported any significant damage.
Singh, who held a follow up meeting in Pune about procurement, said all the agencies, that is the State Level Agencies (SLA)s, Maharashtra State Warehousing Corporation (MSWC), Central Warehousing Corporation (CWC), the Maharashtra State Agricultural Marketing Board and others have been asked to prepare for the commencement of the procurement soon. “Gunny bags are with the agencies and if need be, Nafed would make more bags available,” he said.
Payment of farmers, generation of warehouse receipts and other operational details have been worked out. Singh ruled out any major glitches taking place this season during the procurement.
Lower demand and availability of cheaper imports, traders say, have pushed down the prices of the pulse. While the Covid-19 led restrictions are all gone, the emergence of Omicron has put the industry on alert given many state governments are again bringing back restrictions.
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.