An RBI study on paddy crisis in Andhra Pradesh observed that the present structure of procurement is largely responsible for the failure to ensure minimum support price to farmers. It called for change in this system and revising the MSP to make paddy farming remunerative to the farmers. RBI's Department of Economic and Policy Research conducted the study after disturbing news of crop holiday and huge stocks of paddy lying unsold last year. “The present procurement structure allows overwhelming procurement of rice from millers and insignificant amount of paddy from farmers. There is a need for a change in the procurement policy of State Government to ensure MSP to farmers,” the 51-page report said. The study was done by Dr R.V. Ramana Murthy of University of Hyderabad and Dr Rekha Mishra of the RBI.................
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