Govt starts mustard MSP purchases
Amidst the fall in mandi prices of mustard prices below the minimum support price (MSP) attributed to bumper output and cheaper imports of edible oils, the government has initiated purchase of oilseeds under prices support scheme (PSS) from the farmers.
Agriculture ministry officials said that over the next three months the target is to purchase 2.82 million tonne (MT) of mustard from the farmers under MSP operations in the key oilseed producing states of Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh and Assam.
The two agencies farmers’ cooperative Nafed and National Cooperative Consumers Federation (NCCF) in collaboration with state agencies have purchased 72,000 tonne of mustard in the last few days in these states.
Read more: https://www.financialexpress.com/policy/economy-govt-starts-mustard-msp-purchases-3445392/
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