Paddy worth Rs 10.53 cr procured in last 48 hours; MSP buying begins in all states: Govt
Amid widespread farmers’ protest against the new farm laws, the Centre on Monday came out with the latest data of paddy procurement in the last 48 hours to allay any apprehensions over the minimum support price (MSP) buying. With the latest procurement data, the government aims to send a clear message – it has no intention of scrapping the MSP and that it has put in a mechanism for procurement of not only summer-sown paddy but also pulses and oilseeds this year.
Farmers in Punjab and Haryana and several other states are protesting against new farm laws which they feel will lead to procurement in the hands of corporates and the end of the MSP regime.
UP brings policy to set up 2000 new ‘Farmer Producer Organisations’
Within days of Centre notifying the new agriculture laws to give freedom to farmers to sell their produce anywhere, BJP-ruled Uttar Pradesh came out with a new policy on Tuesday on forming and incentivizing “Farmer Producer Organisations” (FPOs) of the two crore small and medium farmers in the state so they can get a better price for their produce.
The UP government said the policy will also help deliver schemes of the central and state government and impart the latest farming techniques in a better way to farmers who are part of the FPOs.
Sugar mills can submit ethanol proposals in new window till Oct 15: Government
The Centre has opened a one-month window for sugar mills till October 15, for submitting their proposals to avail loans at a subsidised interest rate for augmenting ethanol capacity in the country, a senior Food Ministry official said on Tuesday.
As part of an incentive scheme announced in June 2018, the Centre had approved soft loans for mills to set up new distilleries or upgrade existing ones, expand capacity, and encourage them to divert sugarcane to ethanol making.