NEW DELHI: The Centre disbursed about Rs 76,000 crore straight to farmers’ account while procuring wheat throughout the continuing rabi marketing season (RMS).
Even though for the very first time farmers in Punjab have obtained over Rs 26,000 crore within their account right, Rs 16,700 crore was moved to farmers’ balances in Haryana.
Punjab and Haryana will be the past two countries to apply direct cash transport of this minimum support price and also for this now the internet payment system is now universal throughout the nation.
The government has called it”One Country, 1 MSP, One DBT”.
In accordance with meals ministry, approximately 44.4 lakh farmers have profited in the RMS procurement surgeries with MSP worth of almost Rs 81,200 crore.
“It requires just two to three times to move the sum to farmers’ accounts because there are many transactions a day.
The total paid or released is reconciled in a few times,” said an official.
The government also has revised the present wheat procurement goal to 433 lakh tonnes, a rise of six lakh tonnes, as nearly every nation is reporting greatest ever procurement.
This past year the complete procurement of wheat throughout the RMS has been 390 lakh tonnes.