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Punjab Farmers Used Direct Benefit Transfer First Time During Crop Sale

Punjab farmers have availed direct profit switch facility throughout ongoing Rabi procurement season

The Centre has stated that round Rs 17,495 crore have been transferred immediately into Punjab farmers’ accounts through the ongoing Rabi advertising and marketing season in opposition to procurement of crops made until April 30, 2021. 

Along with this, round Rs 9,268.24 crore in Haryana have been transferred immediately into farmers’ account in opposition to the procurement executed until April 30, 2021, official sources stated.

An announcement issued by the Ministry of Meals and Client Affairs stated that procurement for the present Rabi advertising and marketing season (2021-22) is being executed as per the present minimal help value (MSP) and round 28.eight lakh wheat farmers have already benefitted from procurement.

That is for the primary time that the farmers of Punjab have began receiving funds immediately into their financial institution accounts in opposition to sale of their wheat crop, the ministry stated.

The assertion has come amid the continuing farmers agitation, primarily from Punjab and Haryana, who’ve been in search of repeal of controversial farm legal guidelines which had been handed in Parliament final yr. They’ve been alleging that the Authorities needs to eliminate MSP. 

Wheat procurement is occurring at brisk tempo in Punjab, Haryana, Uttar Pradesh, Chandigarh, Madhya Pradesh, Rajasthan and different states with buy price of over 292.52 LMT until Could 2, 2021. This, the Authorities stated, is a rise of roughly 70 per cent in opposition to final yr’s corresponding buy of 171.53 LMT.

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