Traders warned against offering prices that are less than MSP

Deputy Commissioner S.S. Pattanashetty has said that the government has announced minimum support price (MSP) for various crops, including maize, paddy and millets and warned traders, commission agents of stern action against offering rates less than the MSP.

Chairing a special meeting here on Thursday, Mr. Pattanashetty, who is also the chairman of the District Task Force Committee, said that the government had fixed MSP of Rs. 1,250 a quintal for paddy and Rs. 1280 a quintal for “A” grade paddy.

For hybrid maize, the MSP had been fixed at Rs. 1,175 a quintal and for millets Rs. 1500 a quintal. The government’s circular about the MSP would be sent to different Agricultural Produce Marketing Committees. If any trader or commission agent were to indulge in buying the crop at less than MSP, legal action would be initiated against him, he warned.

Intention of the government was to ensure that farmers were not exploited by traders or middlemen owing to price crash.

The district administration was making efforts to set up as many procurement centres as possible, he said.

Steps had been taken to store the crops procured from farmers in warehouses and to pay the value of crops immediately, he said.

Chief executive officer of the zilla panchayat A.B. Hemachandra and Deputy Director of Food and Civil Supplies Rameshwarappa were present.

  • Objective is to protect farmers from any exploitation owing to price crash: Deputy Commissioner

  • ‘Steps being taken to open as many procurement centres as possible’