MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE
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(a) to (d): There is already a procurement mechanism, under which, Government extends price support to paddy and wheat through the FCI and State Agencies across the country. The procurement policy is open ended. Under this policy, whatever food grains are offered by farmers, within the stipulated period & conforming to the specifications prescribed by Government are purchased at Minimum Support Price (MSP) by the State Government agencies including Food Corporation of India (FCI) for Central Pool. Further, pulses and oilseeds of Fair Average Quality (FAQ) are procured from farmers under Price Support System (PSS), as per its prescribed guidelines at MSP in consultation with the concerned State Government as and when market price of these produce fall below the MSP. The objective of procurement by Government agencies is to ensure that farmers get remunerative prices for their produce and do not have to resort to distress sale. However, if producer/farmer gets better price in comparison to MSP, they are free to sell their produce in open market.
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