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States » East


Tripura govt benefits 215000 farmers by procuring paddy

Udaipur, Sep 12(UNI) The Tripura government has been able to benefit a total of 215000 farmers in the state by procuring their paddy at minimum support price (MSP) and retain Rs 136 crore within the state, Chief Minister Biplab Kumar Deb has said.
The chief minister said with these efforts Tripura has become the first state to work towards PM Narendra Modi’s "Drug free North East" initiative.
“To the so called economy experts I would like to say that, Not by selling drugs but by selling paddy, 136 crore rupees has been brought to #Tripura and 2 lakh 15 thousand Farmers of our State got benefited from this #NewTripura,”he tweeted on Wednesday.
The MSP of Rs 17.50/kg provided by the state government is almost double the existing market rates, according to sources.
In order to meet its Public Distribution System requirements, Tripura needs at least 3 lakh metric tons of rice per year, according to the Agriculture Department reports. However, currently the government is procuring only a small fraction from the local farmers and it has to still dish out several hundred crores to import the shortfall from other states via FCI.
According to Economic Review(2017-18) of Tripura more than 42 per cent of its population is directly dependent on agriculture and allied activities. The government's move is a welcome relief for the farmers who have been forced to live in poverty owing to low market rates and existence of middlemen.
UNI XC-AND
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