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Informist, Monday, Feb. 24, 2025

MUMBAI – The National Agricultural Cooperative Marketing Federation of India procured 2.85 million tonnes of oilseeds as of Sunday, slightly more than the 2.81 million tonnes purchased as of Feb. 18, according to data by the central procurement agency released Monday. So far, NAFED has procured 52.1% of the total 5.48 million tonnes approved by the government under the price support scheme.

NAFED procured 1.37 million tonnes of groundnuts as of Sunday, slightly higher than 1.34 million bought a week ago. It has met over 67% of the total sanctioned quantity of 2.05 million tonnes. The Centre has allowed Gujarat, Karnataka, Rajasthan, Haryana, Andhra Pradesh, Chhattisgarh, and Uttar Pradesh to procure groundnuts at a minimum support price of INR 6,783 per 100 kg for 2024-25 (Oct-Sept). 

In Gujarat, 922,669 tonnes of groundnut were procured, nearly 71% of the sanctioned quantity of 1.31 million tonnes. In Rajasthan, 372,578.71 tonnes of the sanctioned quantity of 531,828 tonnes was purchased, according to the data. The federation purchased 79,601 tonnes of groundnuts in Uttar Pradesh, while 2,054 tonnes were procured in Karnataka. NAFED hasn't started purchases in Haryana, Andhra Pradesh, and Chhattisgarh so far.

The agency procured 1.47 million tonnes of soybean, or 43.5% of the total sanctioned quantity of 3.38 million tonnes so far. There was no progress in soybean procurement on a weekly basis. The Centre has allowed six states--Karnataka, Telangana, Madhya Pradesh, Maharashtra, Rajasthan, Chhattisgarh, and Gujarat--to procure soybean from farmers at a minimum support price of INR 4,892 per 100 kg for 2024-25.

In Maharashtra, 836,741.3 tonnes of soybean were procured, which was 59% of the sanctioned quantity of 1.41 million tonnes. In Madhya Pradesh, NAFED procured 388,796.24 tonnes of soybean, nearly 28% of the sanctioned quantity of 1.36 million tonnes. Soybean procurement in Gujarat was 48,054.81 tonnes, 42% of the sanctioned quantity of 114,015 tonnes, the data showed. NAFED has procured only 18,199.85 tonnes of soybean in Karnataka, just 16.3% of the sanctioned quantity of 111,470 tonnes. The federation has also purchased 98,866.54 tonnes of soybean in Rajasthan, and 81,122 tonnes in Telangana, the data showed. Procurement is yet to begin in Chhattisgarh.

As was the case with soybean, there was no progess in the procurement of sunflower seeds on a weekly basis, the data showed. The procurement of sunflower seeds remained unchanged from last week at 3,272.4 tonnes, 25% of the total sanctioned quantity of 13,210 tonnes. The Centre has allowed procurement only in Karnataka, with a sanctioned quantity of 13,210 tonnes at a minimum support price of INR 7,280 per 100 kg. 

Meanwhile, procurement of sesamum is yet to begin in Haryana and Uttar Pradesh. The Centre has sanctioned the procurement of 123 tonnes and 31,473 tonnes in Haryana and Uttar Pradesh, respectively. The minimum support price for sesamum for 2024-25 is INR 9,267 per 100 kg.  End

Reported by Anjali Lavania

Edited by Tanima Banerjee

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