Punjab starts procurement of moong on MSP for first time

| | Chandigarh
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Punjab starts procurement of moong on MSP for first time

Monday, 13 June 2022 | PNS | Chandigarh

To encourage the farmers for crop diversification and supplement their income, Punjab Government — for the first time in the history of state — has started the procurement of summer moong crop directly from the farmers at a minimum support price (MSP) of Rs 7,275 per quintal.

In the state government’s path-breaking initiative, Jagraon mandi in Ludhiana district led with the arrival of around 58 percent of the total crop so far.

Notably, the summer moong crop is being procured on MSP of Rs 7275 per quintal thereby the farmers will get Rs 36,000 as an additional income with five quintals expected yield per acre in between wheat harvest and paddy cultivation.

Giving affirmative response to appeal of Punjab Chief Minister Bhagwant Mann, the state’s farmers have this year sown the summer moong crop over around one lakh acres of land as compared to 50,000 acres last year. A yield of 4.75 lakh quintal is expected this year.

The spokesperson of the Chief Minister’s Office said that Bhagwant Mann had appealed to the farmers, “This step will definitely save the natural resources of the state in terms of precious groundwater besides improving soil health and generating additional income for the farmers. This will further benefit the cultivation of short-duration varieties of paddy which is expected to save 10-20 percent of underground water.”

The state government has declared Markfed and Cooperative Societies as the state nodal agencies for the procurement and storage of summer moong and another logistic support for Marketing Season, 2022-23.

Likewise, the Punjab Mandi Board has also notified 40 mandis for procurement of moong till July 31, 2022. The staff of Markfed and Cooperative Societies has been deputed in the notified mandis for procuring moong besides facilitating the farmers.

As per data available from the Punjab Mandi Board, 1503 quintal moong crop arrived in various mandis across the state, of which 878 quintals have already been procured so far. The State agency Markfed procured 663 quintals on MSP, while rest 215 quintals by private agencies on above of MSP.

Out of total arrival of Moong across the state, 790 quintal (58 percent) Moong crop arrived only in Jagraon Mandi followed by Barnala with arrival of 510 quintals. Out of 790 quintals crop arrived in Jagraon Mandi, 555 quintals were procured by government and private agencies on MSP or above.

The State Government has already implemented the DBT (Direct Benefit Transfer) for the crop procured on MSP and the payment thereof is being directly credited to the bank accounts of the farmers by the procurement agency Markfed.

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