Price Stabilization Fund (PSF) Scheme
During the year 2015, Government of India has created Price Stabilization Fund (PSF) Scheme in order to create buffer stock of onions. Latter, buffer stocking of pulses was also included in the PSF scheme. Nafed is one of the Central Agencies for procurement and buffer stocking of Onion and onion at the prevailing market rates under Price Stabilization Fund (PSF) Scheme.
NAFED procured 1764 MT of Urad and 20000 MT of Toor during Kharif 2015 and 20266.10 MT of gram and 2987.6 Mt of Masur during Rabi 2016 season at prevailing market rates in the mandies of major producing states.
Disposal of stocks procured under PSF has to be made as per the directions received from Government of India.
Price Support Scheme of Govt of India
During July 2014, Department of Agriculture, Cooperation and Farmers Welfare, Department of Agriculture and farmers Welfare, Government of India has issued guidelines for implementation of Price Support Scheme in respect of Oilseeds including Copra, Pulses and Cotton where by some responsibilities including publicity of PSS operations, exemption of Mandi/state taxes, to make logistic arrangements like warehousing and transportation, arrangement for gunny bags, timely payment to farmers, finalization of incidental expenses, etc are assigned to the state governments. The interested state governments have to submit their concurrence in this regard to DAC & FW before start of PSS operations and in turn DAC & FW has to convey formal approval to Nafed for commencement of procurement of notified commodity under PSS in such states and provide the required funds.
2. Accordingly, if state governments anticipate that prices of pulses and oilseeds might rule below the declared MSP during the season in their states, they are required to send their concurrence in regard to responsibilities assigned to State Government along with proposal for commencement of procurement of pulses and oilseeds under PSS to DAC& FW for consideration and approval.
3. Following the above procedure, Nafed is presently undertaking procurement of Milling Copra under PSS at MSP Rs. 5950/qtl for 2016 season in the states of Tamil Nadu and Andhra Pradesh and sunflower seeds @ Rs 3800/ Qtl in the states of Haryana and Odisha.
Procurement of agricultural commodities including oilseeds, pulses and cotton under
PSS by Nafed since 2010-11 is as under:
|Year||PSS Operation||Tentative Procured
Qty (in MT)
|MSP in Rs/MT|
|2010-11||Milling Copra 2010||30919.633||44500|
|Sunflower seeds K-10||844.318||22150|
|Sesame Seeds K-2010||1884.616||28500|
|Ball Copra 2010||894.84||47000|
|Toor Kharif 2010||456.355||30000|
|Urad Kharif 2010||129.656||29000|
|2011-12||Milling Copra 2011||336.704||45250|
|Urad Kharif 2011||1.568||33000|
|Milling Copra 2012||66454.145||51000|
|Milling Copra 2012 (AP)||49.45||43350|
|Ball Copra 2012||9229.84||53500|
|2012-13||Sunflower Seeds Kharif 2012||1499.10||37000|
|Urad Khari 2012||79856.407||43000|
|Toor Kharif 2012||16004.835||38500|
|2013-14||Ball Copra 2013||29535.28||55000|
|Groundnut Pods Kharif 2013||340325.330||40000|
|Groundnut Pods Rabi 2013||830.060||37000|
|Milling Copra 2013||4328.711||52500|
|Sunflower seeds Kharif 2013||4382.784||37000|
|Urad Kharif 2013||4654.361||43000|
|Toor Kharif 2013||43772.235||43000|
|2014-15||Mustard Seeds Rabi 2014||1714.821||30500|
|Groundnut Pods Rabi 2014||6229.805||40000|
|Sunflower Seeds Rabi 2014||4153.213||37000|
|Gram Rabi 2014||313917.349||31000|
|2015-16||Sunflower Seeds Rabi 2015||4237.684||37500|
|2016-17||Sunflower Seeds Rabi 2015||Procurement under Progress|
MINIMUM SUPPORT PRICE (MSPs) OF OLISEEDS,PULSES AND COTTON FIXED BY GOVERNMENT OF INDIA
DURING 2014-15 & 2015-16
[ RATE IN RS. PER QTL. FOR FAQ]
|Name of Commodity||2014-15||2015-16|
|Rape Seed/ Mustard||3050||3100|
|Cotton (Medium Staple Length)||3750||3800|
|Cotton (Long Staple Length)||4050||4100|
|Perennial Crops (Based on the calendar year)|
*An incentive bonus of Rs.200/-per qnintal be given over and above the MSP.