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Home Lifestyle Food and Beverages Agriculture

Boost for farmers: Govt to pay Rs 2.37 lakh crore for procurement of wheat, paddy under MSP

by NavJeevan
3 years ago
in Agriculture, Animal Husbandry & Dairy, Breaking News, Budget, Business, Food and Beverages, National
Reading Time: 1 min read
0
0
BJP leader blames leadership: Had Centre withdrawn agri laws earlier, deaths of 700 farmers could’ve been prevented

Representational Image.

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NE BUSINESS BUREAU
NEW DELHI, FEB 1
Union Budget 2022.

Finance Minister Nirmala Sitharaman on Tuesday said the government will pay Rs 2.37 lakh crore towards procurement of wheat and paddy under MSP operations.

The estimated procurement of wheat in Rabi 2021-22 & paddy in Kharif 2021-22 will cover 1,208 lakh metric tonnes of wheat and paddy from 163 lakh farmers.

About Rs. 2.37 lakh crores will be direct payment of MSP to their accounts: FM @nsitharaman #AatmaNirbharBharatKaBudget pic.twitter.com/KyjBnF9VWz

— PIB India (@PIB_India) February 1, 2022

The fiscal 2022-23 has been announced as International Year of Millets, the finance minister said while presenting the Union Budget for 2022-23.

Tags: Boost for farmersfor procurement of wheatGovt to paypaddy under MSPRs 2.37 lakh crore
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