Tripura to purchase 20,000 MT paddy at MSP to boost farm economy
In May last year, amid COVID-19 lockdown, Chief Minister Biplab Kumar Deb had said his government would procure paddy at MSP and work for ensuring better price and marketability to other farmers.
Tripura’s incumbent BJP-IPFT government first procured 27.27 thousand MT paddy from farmers at MSP of Rs 17.50 per kg in 2018, shortly after assuming office. (Representational Image) The state government will purchase 20,000 MT paddy at Minimum Support Price (MSP) from farmers of Tripura in the current financial year to help augment agriculture economy, Law Minister Ratan Lal Nath said Wednesday.
Speaking to reporters here, Nath said the state cabinet has decided to go ahead with procuring 20,000 MT paddy at MSP from January 21 across 32 procurement centres spread across eight districts. The process would incur Rs. 5.28 crore milling charge from the state exchequer.
Tripura’s incumbent BJP-IPFT government first procured 27.27 thousand MT paddy from farmers at MSP of Rs 17.50 per kg in 2018, shortly after assuming office. The MSP was later revised to Rs 15 per kg for 21.44 thousand MT paddy while MSP rate has been fixed at Rs 18.68 per kg this year.
Share
