HomeLatest newsIndia’s rice procurement exceeds 53 million tonnes, up by 1% year-on-year

Related publications

India’s rice procurement exceeds 53 million tonnes, up by 1% year-on-year

Kharif procurement over as Assam ends purchases; govt likely to be under pressure to liquidate surplus stocks

The state of Assam has recently announced the end of its Kharif procurement, marking the completion of a successful harvest season. The state government has procured a record amount of crops from farmers, providing them with much-needed support and stability in these challenging times. However, with the procurement season coming to an end, the government is now facing the challenge of managing the surplus stocks and ensuring that they are efficiently utilized.

The Kharif season, which runs from June to October, is a crucial time for farmers in Assam. It is during this season that they sow and cultivate a variety of crops such as rice, maize, pulses, and oilseeds. The success of the Kharif season is crucial not only for the farmers but also for the state’s economy. The state government, recognizing the importance of this season, has been actively involved in supporting and promoting agriculture in the state.

One of the key initiatives taken by the government is the procurement of crops directly from farmers at a minimum support price (MSP). This not only ensures that farmers get a fair price for their produce but also helps in stabilizing the market prices. This year, the state government has procured over 8 lakh metric tonnes of paddy, surpassing the previous year’s record of 6.5 lakh metric tonnes. This is a significant achievement and a testament to the government’s commitment to the welfare of farmers.

However, with the procurement season coming to an end, the government is now facing the challenge of managing the surplus stocks. The surplus stocks are a result of the record procurement and the decrease in demand due to the ongoing pandemic. The government is now under pressure to find ways to liquidate these stocks and ensure that they do not go to waste.

One of the options being considered by the government is to sell the surplus stocks to other states or export them to other countries. This will not only help in reducing the surplus but also generate revenue for the state. The government is also looking into the possibility of using the surplus stocks for various welfare schemes and public distribution systems. This will not only help in utilizing the surplus but also benefit the people of the state.

Another challenge that the government is facing is the storage of the surplus stocks. The state has limited storage facilities, and the surplus stocks are putting a strain on the existing infrastructure. The government is now exploring the option of building new storage facilities and upgrading the existing ones to ensure that the surplus stocks are stored safely and efficiently.

The surplus stocks also present an opportunity for the government to diversify and promote the production of other crops. The state has been primarily dependent on paddy cultivation, and the surplus stocks have highlighted the need to diversify and promote other crops. This will not only help in reducing the surplus but also provide farmers with alternative sources of income.

The successful completion of the Kharif procurement season is a testament to the government’s efforts in promoting agriculture and supporting farmers. The record procurement has provided much-needed stability to the farmers and has also helped in stabilizing the market prices. However, with the surplus stocks posing a new challenge, the government must act swiftly and efficiently to ensure that they are utilized in the best possible way.

In conclusion, the end of the Kharif procurement season in Assam marks a significant milestone in the state’s agricultural sector. The government’s efforts in procuring a record amount of crops have provided much-needed support to farmers and stabilized the market prices. However, with the surplus stocks posing a new challenge, the government must act swiftly and efficiently to ensure that they are utilized in the best possible way. With the right strategies and initiatives, the government can turn this challenge into an opportunity and further strengthen the state’s agricultural sector.

Popular publications