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DIRECT PAYMENT OF Rs 2.37 LAKH CRORE MSP VALUE TO 163 LAKH FARMERS FOR WHEAT AND PADDY PROCUREMENT DURING 2021-22

DIRECT PAYMENT OF Rs 2.37 LAKH CRORE MSP VALUE TO 163 LAKH FARMERS FOR WHEAT AND PADDY PROCUREMENT DURING 2021-22 1

While presenting the Union Budget 2022-23 in the Parliament today, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman said “the procurement of wheat in Rabi 2021-22 and the estimated procurement of paddy in Kharif 2021-22 will cover 1208 lakh metric tonnes of wheat and paddy from 163 lakh farmers, and `2.37 lakh crore direct payment of MSP value to their accounts”.

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