Government Approves Potato Procurement in Uttar Pradesh at ₹6,500 per Ton
Centre okays UP potato procurement at ₹6,500/ton; raises gram limit in AP
Business Standard
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The Indian government has sanctioned the procurement of 20 lakh tonnes of potatoes in Uttar Pradesh at a price of ₹6,500.90 per tonne, costing ₹203.15 crore. Additionally, the procurement limit for gram in Andhra Pradesh has been increased to 1.13 lakh tonnes to support farmers amid concerns of low market prices.
- 0120 lakh tonnes of potatoes to be procured in Uttar Pradesh at ₹6,500.90 per tonne.
- 02Total cost for the potato procurement is ₹203.15 crore.
- 03Procurement limit for gram in Andhra Pradesh raised to 1.13 lakh tonnes.
- 04Karnataka extends procurement window for tur until May 15.
- 05Decisions aim to protect farmers from distress sales during peak harvest.
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The Indian government has approved the procurement of 20 lakh tonnes of potatoes in Uttar Pradesh at a market intervention price of ₹6,500.90 per tonne, resulting in an expenditure of ₹203.15 crore. This initiative is part of a broader effort to safeguard farmers against distress sales, particularly during peak harvest periods when market prices often fall below the Minimum Support Price (MSP). In a related decision, the Union Agriculture Ministry has increased the procurement limit for gram in Andhra Pradesh from 94,500 tonnes to 1.13 lakh tonnes. Furthermore, the procurement window for tur in Karnataka has been extended to May 15, allowing farmers more time to sell their produce at remunerative prices. Agriculture Minister Shivraj Singh Chouhan emphasized that these measures are designed to ensure that farmers receive fair compensation and are not forced to sell at significantly lower prices.
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This procurement initiative will provide financial relief to potato farmers in Uttar Pradesh, ensuring they receive a fair price for their produce and reducing the risk of distress sales during peak harvest.
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