NAFED to begin groundnut, sesamum procurement in West Bengal in a week.

The National Agricultural Cooperative Marketing Federation is likely to begin procurement of groundnut and sesamum in West Bengal at minimum support price in a week. It may procure 25% of the total output of the oilseeds in the state, which is among the leading producers in the country. West Bengal produced 201,900 tonne of groundnut in 2016-17 (Jul-Jun), up 6.3% from last year. The agency is buying groundnut at minimum support price of 4,220 rupees per 100 kg, inclusive of the bonus, while minimum support price of sesamum is 5,000 rupees per 100 kg.