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Government buys 29.26 million tonnes of wheat

Government buys 29.26 million tonnes of wheat

 

NEW DELHI: Government agencies purchased 29.26 million tonnes (MT) of wheat during the rabi marketing season this year and as buying continues in UP, MP and Rajasthan, officials are confident of procuring 30 MT this year, still short of target.

“Till May 31, we will continue to buy from MP, followed by UP and Rajasthan till June 15. We will easily procure 30 MT of wheat this year for the central pool,” said an official of the Food Corporation of India.

However, wheat purchases at this level will be lower than the target of 33 MT set earlier this year.

In Uttar Pradesh, where chief minister Yogi Adityanath announced that 8 MT of wheat would be purchased from farmers when he took over, procurement had reached 2.4 MT as of May 25.

That’s still a three-fold increase from 800,000 tonnes in the previous year. The Department of Food & Public Distribution had set a target of 3 million tonnes in the state.

Wheat procurement in Punjab until May 25 was 11.65 MT, higher than the target of 11.5 MT, the FCI official said.
Procurement in Haryana was 7.41MT, short of the target of 7.5 MT. In Madhya Pradesh, government agencies bought 6.53 MT of the grain against the target of 8.5 MT and in Rajasthan, too, procurement was short of the goal of 1.75 MT, the official said.

In Uttar Pradesh, where the Yogi Adityanath administration wants to ensure that farmers get remunerative prices, wheat procurement will remain close to 4 million tonnes, state government officials said.
 

 

 

 

 

Source: ECONOMIC TIMES

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