Friday 16 February 2024

Procurement Approval for Chana under PM-AASHA Scheme in Karnataka


The Central government has granted approval for the procurement of 1.39 lakh tonnes of chana (chickpeas) from Karnataka under the Price Support Scheme (PSS) for the Rabi season 2023-24. This announcement was made by the Union Minister of State for Agriculture, Shobha Karandlaje, in a statement on Thursday.

Additionally, she stated that the Centre has released the third installment of Rs. 235.14 crore under the National Agriculture Development Scheme (RKVY) for the current financial year to the Karnataka government.

According to the official statement, Karandlaje mentioned that the Ministry of Agriculture has approved the procurement of 1,39,740 tonnes of chana in Karnataka for the current Rabi season at the rate of Rs. 5,440 per quintal under the PSS.

Allocation of Additional Funds:

The Minister also highlighted that on January 25, the Centre provided an additional allocation of Rs. 178.65 crore to Karnataka under the RKVY scheme. With this, the total allocation for the year 2023-24 under the RKVY scheme has increased to Rs. 761.89 crore, which is more than the initial allocation of Rs. 583.24 crore.

Karandlaje further mentioned that out of the total allocation of Rs. 761.89 crore, an amount of Rs. 526.75 crore has already been disbursed by the Centre. The remaining amount will be released to the state after the utilization of the previously allocated funds.

This move by the Central government is expected to provide much-needed support to farmers in Karnataka, particularly those involved in chana cultivation, by ensuring procurement at Minimum Support Price (MSP) and facilitating the implementation of agricultural development schemes in the state. Stay tuned for further updates on agricultural policies and initiatives

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#Chickpeas #ChickpeaPrice #MarketPrices #AgriculturalCommodities #FarmersMarket #PriceTrends


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