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Procurement of pulses, oilseeds increases by 13 times, says Govt
According to the Union Agriculture Ministry, the procurement of pulses and oilseeds has increased by almost 13 times during the last four and a half years as compared to the procurement done from 2009 – 2014.
The Ministry said, during 2009-10 to 2013-14 only a quantity of 7.28 lakh tonnes of pulses and oilseeds was procured at MSP whereas, during the period from 2014-15 to 2018-19, a quantity of over 93 lakh tonnes of pulses and oilseeds were procured.
It also said, more than 54 lakh farmers benefited from the procurement of pulses and oilseeds during this period.
The Ministry said, the country has reported production of over 25 Million tonnes of pulses during 2017-18 against the production of around 15 Million Tonnes in the year 2009-10. Similarly, the production of oilseeds has increased from 2.49 Million Tonnes to 3.13 Million Tonnes, registering an increase of over 25 per cent.
The Ministry said, raising Minimum Support Price to 1.5 times of the cost of production will further encourage the farmers to grow more pulses and oilseeds.