Farmers in Punjab, Haryana receive MSP directly in their bank accounts

With wheat harvesting in full swing in Punjab and Haryana, farmers, for the primary time, have began receiving minimal help worth (MSP) cost straight of their financial institution accounts below the Direct Profit Switch Scheme (DBT). The federal government knowledge exhibits ₹5,385 crore has been transferred thus far within the ongoing procurement season by the Central and State procurement companies to farmers towards buy of their crops in each the States. In Punjab, ₹2,600 crore has been paid to accounts of farmers until April 20 below the scheme. In Haryana, ₹2,785 crore have been transferred on to the accounts of farmers.Punjab Meals Minister Bharat Bhushan Ashu stated “below the DBT scheme funds greater than ₹2,600 crore has been paid to the accounts of farmers until April 20”. He stated 54 lakh tonnes of wheat have arrived in ‘mandis’ until April 20, out of which 50 lakh tonnes have been procured and greater than 20 lakh tonnes lifted by numerous authorities companies. “In Punjab, each the farmers and the arhtiyas [commission agents] are completely satisfied over the wheat procurement.”Amid the continued procurement and funds below the DBT, a number of farmers in Ludhiana district have expressed contentment over the brand new mechanism. Harinderpal Singh, who had bought his wheat crop in Machhiwara grain market on April 12, stated he was completely satisfied as ₹1,95,525 was deposited straight into his checking account with none drawback. Expressing related sentiments, one other farmer Sukhjit Singh of village Todarpur stated ₹2,31,667 was deposited straight into his checking account promptly.Praptej Singh, a farmer from Sahibzada Ajit Singh Nagar, stated he had bought his wheat on April 13 on the grain market in Chandigarh’s sector 39, and he acquired cost inside 5 days. “The brand new [DBT] system is efficient. I acquired well timed cost with none follow-up with anybody.” In Haryana, ₹2,785 crore has been transferred on to the accounts of farmers until April 20, in accordance with an official assertion. The Haryana authorities on Wednesday procured three.11 lakh tonnes by way of numerous procurement companies on the MSP.Of the 64.77 lakh tonnes of wheat that arrived at procurement centres until April 20, 55.62 lakh tonnes have been procured.

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