Minimum Support Price (MSP) for paddy procurement for Kharif Marketing Season (KMS) 2019-20 was notified by the Government of India vide letter dated 19th July, 2019 @ Rs.1835 per quital for grade ’A’ and Rs.1815 per quital for common grade for the entire country. Accordingly, paddy procurement by Food Corporation of India (FCI)/ State agencies has started from October, 2019.
Telangana has adopted Decentralized Procurement Scheme (DCP) under which the State Government itself undertakes direct purchase of paddy from farmers, and also stores, undertakes milling and distributes the procured rice under National Food Security Act (NFSA) and Other Welfare Schemes (OWS). Any surplus rice over and above the requirement under NFSA &OWS is received by Food Corporation of India (FCI) for Central Pool.
The number of farmers benefitted from procurement of paddy during last three years are as under: