Amid farmers’ agitation in the State, the Union Agriculture Ministry has approved Rs 580 crore to cooperative Markfed in Madhya Pradesh for procuring various pulses in the current year. The amount of Rs 580 crore would be given to the National Cooperative Development Corporation (NCDC), which in turn will release it to the MP-Markfed.
“On the request of MP-Markfed, we have sanctioned Rs 580 crore to NCDC to undertake procurement of various pulses in the State,” a senior Agriculture Ministry official said. The Ministry has also approved under the Price Support Scheme (PSS), procurement of 11,250 tonnes of Urad and 55,500 tonnes of Moong to be grown in the 2017 Kharif season.