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Why India s lopsided farm procurement benefits Punjab
Even in paddy and wheat, not all State farmers have benefited from such procurement.
Never before in the history of Indian agriculture, paddy worth ₹1.73 lakh crore and wheat worth ₹75,060 crore were procured from farmers, during the marketing season 2020-21, at minimum support price (MSP). This is what the Union Budget for 2021-22 had underlined. At first sight, these figures look good. But are the increased procurements of crops benefiting farmers of different States?
In India, the procurement of crops at MSP has undergone a massive evolution over time. As on 2020-21, a total of 39,122 procurement centres for paddy and 21,869 for wheat are operating in India.