Categories: India

Government revises wheat procurement Goal as most Manufacturing Nations create Document Purchasing

NEW DELHI: The government has recently revised the present wheat procurement goal to 433 lakh tonnes, a rise of six lakh tonnes, as nearly every nation is reporting that the highest-ever procurement.
This past year the complete procurement of wheat through the Rabi Marketing Season (RMS) has been 390 lakh tonnes.
Until Wednesday the procurement arrived in 411 lakh tonnes.
As stated by the food ministry, Bihar has secured 1.9 lakh tonnes of wheat thus far in comparison to previous season’s amount of 4,198 tonnes and has revised the estimate to secure six lakh tonnes, a six-fold rise from the previous estimate.
The procurement at Uttar Pradesh has been 41.9 lakh tonnes from 24.8 lakh tonnes this past year.
In Jammu and Kashmir, the procurement thus far has touched 17,929 tonnes in comparison to hardly 11 tonnes this past year.
Back in Delhi, the procurement has recently jumped into 5,955 tonnes from hardly 28 tonnes.
Punjab and Haryana, the two biggest wheat producing countries have surpassed that this year’s goal.
The procurement at Madhya Pradesh can also be set to exceed the previous year’s procurement amount within another few months, sources said.
Union food secretary Sudhanshu Pandey told me the government has made sufficient arrangements for secure storage of their food grains.
He said devoting hardly 3.5percent of its overall grain that was procured, the remainder is retained in storage.
The rest, that are currently only in Punjab and Haryana, will soon be moved to scientific storage areas from July.
Pandey said concerning 44.43 lakh farmers have benefited from the continuing RMS procurement operations having an MSP worth of Rs 81,196 croreout of which an quantity of Rs 76,056 crore was moved to farmers throughout the nation.
Approximately Rs 26,104 crore in Punjab and approximately Rs 16,706 crore in Haryana was moved into farmers’ accounts.

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