Direct Benefit Transfer: Rs 45,965 crore transferred directly into farmers’ accounts across India

By Team MyNation  |  First Published May 10, 2021, 6:40 PM IST

A payment of Rs 49,965 crore so far has been transferred directly into farmers’ account across India on account of wheat procurement

Bengaluru: At a time when India is putting all its might to neutralise the effects of the second wave of coronavirus, several people are struggling to want of hospital beds, oxygen cylinders and ventilators. Several others are also find it difficult to arrange money.  

The secretary, department of food & public distribution Shudhanshu Pandey informed that a payment of Rs 49,965 crore so far had been transferred directly into farmers’ account across India on account of wheat procurement. He further informed that Rs 21,588 Crore in Punjab and about Rs 11,784 Crore in Haryana has been transferred directly into farmers’ account.

It is also to be noted that with the objective to make wheat and rice stocks easily available in open market, government of India has liberalised OMSS(D) policy for the year 2021-22. It is informed that the sale of food grains under OMSS(D) has started in non- procuring states and 2800 MT have been sold so far.

During the ongoing pandemic, around 928.77 LMT of food grains, 363.89 LMT of wheat and 564.88 LMT of rice have been issued from central pool during 1.4.2020 to 31.3.2021for distribution.

While replying to a question about price rise of edible oils, Pandey said that price of edible oils is being monitored closely by the government. He said due to covid condition some stocks are stuck at ports due to clearance relating tests by various agencies, the problem is now addressed and soon stocks will be released in the market and this will show softening impact on oil prices.


 

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