Tuesday, June 15, 2021
Home News Reports Modi govt transfers Rs 76,000 crore to farmers under DBT, Punjab and Haryana farmers...

Modi govt transfers Rs 76,000 crore to farmers under DBT, Punjab and Haryana farmers get direct payment for the first time

Punjab and Haryana are the last two states to implement direct cash transfer of the minimum support price, and with this now, the online payment system has become universal across the country.

The Modi government has disbursed nearly Rs 76,000 crore directly to the bank accounts of farmers under the Direct Benefits Transfer Scheme (DBT) after procuring wheat from them during the ongoing Rabi marketing season.

According to the reports, the centre has procured wheat at an all-time high MSP value of Rs 81,196 crore during the current Rabi marketing season (RMS). The Centre has said that wheat procurement increased by 5.44 per cent, in comparison to last year’s total purchases.,

Interestingly, for the first time since the country’s independence, farmers from Punjab have received more than Rs 26,000 crore in their accounts directly. Haryana farmers have also received Rs 16,700 crore into their accounts.

It is worth mentioning that some farmers from Punjab, at the behest of the middlemen, have been opposing the three farm laws enacted by the centre to ease the procurement of food grains. In addition to their objection to farm laws, a few sections of farmers from Punjab were also against the direct transfer of the price of the crop to their bank accounts. However, after a herculean task, the centre has succeeded in convincing the Punjab government to initiate DBT in the state.

Punjab and Haryana last states to join DBT, highest procurement from Punjab

Punjab and Haryana are also the last two states to implement direct cash transfer of the minimum support price, and with this now, the online payment system has become universal across the country.

According to the food ministry, about 44.4 lakh farmers have benefitted from the current rabi procurement operations with an MSP value of nearly Rs 81,200 crore.

“It takes two to three days to transfer the amount to farmers’ account since there are so many transactions in a day. The amount released or paid is reconciled within a couple of days,” said an official.

In the current season, the centre has increased procurement of wheat procurement to 433 lakh tonnes, an increase of six lakh tonnes, and almost every state is reporting the highest-ever procurement. Last year the total procurement of wheat during the RMS was 390 lakh tonnes.

Of the total procurement, a major contribution has been made by Punjab 132.27 LMT, i.e, 32.17 per cent of the total procurement, which is also an all-time high. The centre has procured 84.93 LMT (20.65 per cent) from Haryana and Madhya Pradesh 128.08 LMT (31.15 per cent) till June 2.

“Paddy procurement in the ongoing Kharif 2020-21 season is continuing smoothly in the procuring states with purchase of over 799.74 LMTs of paddy up to June 2 against the last year corresponding purchase of 728.49 LMT. About 118.60 lakh farmers have already been benefited from the ongoing KMS procurement operations with an MSP value of Rs 1,50,990.91 crore out of which an amount of Rs 1,38,330.12 crore of MSP have been transferred directly into farmers’ account up to June 2,” the government said.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Swami Avdheshanand Giri condemns misinformation over Ram Mandir transactions, Trust Gen Sec too rebuts accusations: Here’s what they said

Swami Avdheshanand Giri has issued a statement assuring that Ram Mandir transactions are authentic and transparent.

BBC apologises for its coverage of footballer Eriksen’s collapse, it is time they apologise for their grotesque reportage on India’s Covid outbreak too

The western media outlets, including BBC, ought to apologise India for perpetrating racism with their egregious coverage of country's COVID-19 pandemic and linking it with morbid images of burning funeral pyres.

Rahul Gandhi joins in spreading lies about a ‘scam’ by Ram Mandir trust: Here are the facts in 10 simple points

On the 13th of June 2021, Aam Aadmi Party took to Twitter to level grave allegations against the Ram Janmabhoomi Teerth Kshetra.

Islamic NGO with possible terror links raised almost 150 crores to ‘Help India Breath’ amid pandemic, little of it was actually sent

Dubious NGOs with links to terrorist organizations and Pakistani army collected funds on the name of relief to India amid Covid pandemic

Here is the truth about the land deal by Ram Janmabhoomi Teerth Kshetra and how the allegations by likes of AAP are baseless

Shri Ram Janmabhoomi Teerth Kshetra and its head Champat Rai bought an additional piece of land for the purposes of additional construction to facilitate pilgrims who would be travelling to Ayodhya

Recently Popular

Here is the truth about the land deal by Ram Janmabhoomi Teerth Kshetra and how the allegations by likes of AAP are baseless

Shri Ram Janmabhoomi Teerth Kshetra and its head Champat Rai bought an additional piece of land for the purposes of additional construction to facilitate pilgrims who would be travelling to Ayodhya

Kamal R Khan calls Mika Singh ‘anpadh gawar sooar’ after the singer released a diss track titled ‘KRK Kutta’: Here is how the feud...

The feud between KRK and Mika Singh descends to calling each other ‘dogs’ and ‘pigs’, here how it unfolded

Young billionaire Nikhil Kamath’s account closed by Chess.com as he admits cheating in charity game to defeat Vishwanathan Anand

Nikhil Kamath created quite the flutter recently after he apparently defeated Vishwanathan Anand in a game of chess.

Rohingyas settled all over UP with forged Aadhaar, voter IDs, fresh arrests reveal they are getting financial aid too: Report

ADG informed that the Rohingyas have settled in every assembly constituency with forged voter ID cards.

60-year-old woman gang-raped in front of her grandson: More horror stories emerge from Bengal as women speak up in SC

Women in West Bengal have moved the Supreme Court narrating the details of the horrifying gang-rapes they were subjected to in the post-poll violence by the members of ruling party.

Vishwanathan Anand expresses disappointment after Indian billionaire admits to cheating to defeat him: Here’s what he said

Vishwanathan Anand has issued a statement after Nikhil Kamath cheated to win a game against him at a charity event.
- Advertisement -

 

Connect with us

255,564FansLike
553,154FollowersFollow
24,300SubscribersSubscribe