Government Procures ₹1.06 Lakh Crores Worth Paddy At MSP

• The government has procured 564.17 lakh tonnes of paddy worth ₹1.06 lakh crores at MSP from the farmers.

• The informed data is up till January 16.

• The procurement has been made by the government agency Food Corporation of India (FCI).

• The procurement program has benefitted 80 lakh farmers.

• "In the ongoing Kharif Marketing Season (KMS) 2020-21, government continues to procure Kharif 2020-21 crops at MSP from farmers as per existing MSP schemes," an official statement said.

• "About 79.24 lakh farmers have already been benefitted from the ongoing KMS procurement operations with MSP value of Rs 1,06,516.31 crore," the statement also said.