CURRENT AFFAIRS

Detailed explanation-1: -The Odisha government on Thursday said it has decided to make Aadhaar card mandatory for procurement of paddy in the state.

Detailed explanation-2: -Chhattisgarh offers the highest prices to its farmers for paddy. This year, the state government has fixed the procurement price at Rs 2, 640 and Rs 2, 660 per quintal of paddy, which includes a Rs 600 per quintal bonus over and above the MSP (minimum support price) announced by the Centre.

Detailed explanation-3: -Under this scheme, the State Government itself undertakes direct purchase of paddy/rice and wheat and also stores and distributes these foodgrains under NFSA and other welfare schemes.

Detailed explanation-4: -The government procures foodgrains-rice, wheat, and coarse grains-in order to ensure farmers receive the minimum support price (MSP), and a stock is maintained to distribute to the poor under the public distribution system (PDS) and other schemes.

Detailed explanation-5: -The correct answer is the Minimum Support Price. The Food Corporation of India (FCI) purchases wheat and rice from the farmers in states where there is surplus production. The farmers are paid a preannounced price for their crops called Minimum Support Price.