Odisha to procure Oil seeds, Pulses under PSS
Commodity Online | May 24 2019
UPDATED 18:46:16 IST

India's Palm Oil imports climb 65% in May

WPI inflation slips to nearly 2-year low at 2.45% in May

OPEC’s Oil output falls to 29.88 million bpd in May

India's Sugar production may fall 15% on dry weather

Govt hikes Cashew import prices to support domestic industry

The Odisha state government has decided to commence procurement of oil seeds and pulses under Price Support Scheme (PSS) from farmers starting May 24.

The Ministry of Agriculture, Cooperation and Farmers Welfare has approved the State Government’s proposal for procurement of 14,210 tonne of green gram (Moong), 1,103 tonne of black gram (Biri), 6,580 tonne of shelled groundnut and 10,500 tonne of sunflower seeds from farmers at Minimum Support Price (MSP) for 2018-19 Rabi season to prevent distress sale.

The Centre has fixed the MSP of Moong at Rs 6,975 per quintal, Biri at Rs 5,600 per quintal, groundnut at Rs 4,890 per quintal and sunflower seed at Rs 5,388 per quintal.

The procurement operation, which will continue for two months till July 27, will be undertaken by National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) through two State agencies - Odisha State Cooperative Marketing Federation (Markfed) and Tribal Development Cooperative Corporation of Odisha Limited (TDCCL).

 

Commodity Arrivals Rate
Mustard Oil 13.43 9849.00
Coconut Oil 2 17400.00
Arecanut 2.5 2400.00
Sugar 10.34 3900.00

More

×