Maharashtra Elections 2024: In a relief to farmers, Centre eases soybean procurement norms raising moisture limit to 15%

Maharashtra Elections 2024: In a bid to woo angered farmers just days ahead of the Maharashtra Assembly polls, the Central government has allowed soybean procurement with a moisture content of up to 15% under the Price Support Scheme (PSS), up from the standard 12%.

The decision comes amid growing anger among farmers in Vidarbha and Marathwada over low market prices and sluggish government procurement.

Also Read:‘Maharashtra has attracted maximum FDI in Mahayuti rule’: PM Modi champions infrastructural projects in election push

Also Read Maharashtra Elections 2024 Highlights: ‘MVA has started licking soles of Muslim Ulemas’, says Devendra Fadnavis Jhansi hospital fire: Congress accuses CM Yogi Adityanath of prioritising politics over state’s healthcare Maharashtra Assembly Elections 2024 Highlights: Sharad Pawar warns opponents, urges voters to defeat Ajit faction Jhansi: Fire in hospital NICU claims lives of 10 newborns, injures 16;  CM Yogi Adityanath orders probe

According to The Indian Express report, an office order issued by Binod Giri, deputy commissioner (MPS), on Friday evening stated that while the relaxation is a one-time measure for the Kharif 2024-25 season, state governments will bear the expenses and losses associated with the procurement of soybean exceeding the usual moisture limit.

Despite Maharashtra having the largest number of procurement agencies in the country, the process remains slow. Of the 13.08 lakh tonnes targeted, only 3,887.93 tonnes have been procured so far. Farmers blame inadequate infrastructure and bandwidth at procurement agencies for the delays, while agencies cite the higher moisture content in soybeans as the main obstacle.

Also Read: ‘Five lakh jobs snatched from Maharashtra, big projects shifted to Gujarat’: Rahul Gandhi in Nandurbar rally

Soybean is a critical cash crop in poll-bound Maharashtra, cultivated over 50 lakh hectares. However, farmers are receiving far below the Minimum Support Price (MSP) of Rs 4,892 per quintal, with prices at Latur’s market—a key hub—hovering around Rs 4,100- Rs 4,200 per quintal.

Political leaders have weighed in, with Prime Minister Narendra Modi promising monetary aid to soybean farmers during a rally in Vidarbha. Opposition leader Rahul Gandhi countered by pledging an MSP of Rs 7,000 per quintal, along with a bonus, should the Maha Vikas Aghadi (MVA) form the next government.

The 288-member assembly will vote in a single phase on November 20,

 » Read More

Related Articles

Lodha vs Lodha: Macrotech Developers accuses HoABL of forgery, fabrication of documents to use ‘Lodha’ trademark

The family feud between real estate moguls Abhishek Lodha-led Macrotech Developers and Abhinandan Lodha’s House of Abhinandan Lodha (HoABL) has escalated after Macrotech accused HoABL of forgery and using “fabricated documents” to misuse the company’s brand and registered trademark ‘Lodha’. This is a developing story, more details are being added. Please watch the space for

Wall Street set to open lower as investors await Trump’s tariff announcement

Wall Street indices were poised for a lower opening on Wednesday as investors braced for details of U.S. President Donald Trump’s proposed tariffs, which could have far-reaching effects on the global economy, corporate earnings, and inflation. ALSO READAhead of Trump’s ‘Liberation Day’ jitters, gold maintains all-time high levels, silver drops Stock market volatility has surged

Ahead of Trump’s ‘Liberation Day’ jitters, gold maintains all-time high levels, silver drops

Gold prices remained unchanged at their all-time high of Rs 94,150 per 10 grams in the national capital on Wednesday, as traders awaited developments on potential reciprocal tariffs by the US. According to the All India Sarafa Association, gold of 99.9% purity held firm after a sharp Rs 2,000 surge on Tuesday, marking its steepest

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Lodha vs Lodha: Macrotech Developers accuses HoABL of forgery, fabrication of documents to use ‘Lodha’ trademark

The family feud between real estate moguls Abhishek Lodha-led Macrotech Developers and Abhinandan Lodha’s House of Abhinandan Lodha (HoABL) has escalated after Macrotech accused HoABL of forgery and using “fabricated documents” to misuse the company’s brand and registered trademark ‘Lodha’. This is a developing story, more details are being added. Please watch the space for

Wall Street set to open lower as investors await Trump’s tariff announcement

Wall Street indices were poised for a lower opening on Wednesday as investors braced for details of U.S. President Donald Trump’s proposed tariffs, which could have far-reaching effects on the global economy, corporate earnings, and inflation. ALSO READAhead of Trump’s ‘Liberation Day’ jitters, gold maintains all-time high levels, silver drops Stock market volatility has surged

Ahead of Trump’s ‘Liberation Day’ jitters, gold maintains all-time high levels, silver drops

Gold prices remained unchanged at their all-time high of Rs 94,150 per 10 grams in the national capital on Wednesday, as traders awaited developments on potential reciprocal tariffs by the US. According to the All India Sarafa Association, gold of 99.9% purity held firm after a sharp Rs 2,000 surge on Tuesday, marking its steepest

Will ITC’s pulp and paper acquisition drive growth?

ITC in its latest acquisition of the pulp and paper business of Aditya Birla Real Estate is attempting to tap into the growing demand for sustainable, eco-friendly wrapping solutions from the e-commerce, QSR, FMCG and pharma industries, amongst others. The above transaction at nearly Rs 3,500 crore has been done at about one times sales

Trinity to develop Rs 1200 cr luxury housing project in Gurugram

NCR-based realty developer Trinity has commenced the construction of its Rs 1200-crore ultra-luxury residential project, Sky Palazzo Residences, in Gurugram. The project received RERA approval a month ago and is located on the Dwarka Expressway. To be completed by 2029, the project is likely to generate more than 5000 jobs directly as well as through