News Karnataka
Wednesday, August 10 2022
Punjab

Punjab to compensate moong growers - 1 min read

Punjab to compensate moong growers
Photo Credit : IANS

Chandigarh: As Punjab farmers are dismayed with the moong crop being procured below the minimum support price (MSP) of Rs 7,275 per quintal, Chief Minister Bhagwant Mann on Saturday July 2 announced the government to bear the gap up to Rs 1,000 per quintal for the crop sold below the price.

The Chief Minister said the incentive is being given to all the moong cultivators, including those who have already sold the crop.

As per government estimates, the total arrival of moong in 2021-22 was 2.98 lakh quintals and with the state announcing MSP on the crop, the total production this season is around four lakh quintals.

At present, the crop is being procured by Markfed, a nodal agency for moong procurement, at Rs 7,275 per quintal.

However, Mann said he had received reports that due to damage of crop, it was not being purchased on the MSP.

The Chief Minister said to bail out the farmers who failed to sell the crop on the MSP, the government is giving an incentive to them.

Earlier, Shiromani Akali Dal (SAD) President Sukhbir Badal asked the Aam Aadmi Party (AAP) government to procure the entire moong crop at the MSP as well as compensate farmers for the loss suffered in selling short to private players.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

Subscribe Newsletter

Get latest news karnataka updates on your email.