Centre raises wheat procurement target to over 32 million tonnes
The Centre has increased Madhya Pradesh’s wheat procurement target by 1 million tonnes to 7 mt amid higher yields, raising the national target to 32.27 mt. Over 3 lakh tonnes are arriving daily at MP procurement centres, with nearly 2.5 lakh tonnes purchased on Monday alone. Over 15 lakh farmers have registered to sell their wheat at MSP in the state.
The Indian government has raised the wheat procurement target in Madhya Pradesh by 1 million tonnes (mt) to 7 mt this year in view of higher yield. Harvest has been completed across the central Indian State. The all-India target of wheat now stands revised at 32.27 mt as no change has been made for other States.
The all-India daily procurement is also more than 1 mt now, which shows that the agencies made good preparation to procure as much wheat as possible, said an official source.
According to sources, the daily arrival of wheat at procurement centres in Madhya Pradesh was more than 3,00,000 tonnes out of which the State bought nearly 2,50,000 tonnes on Monday. The backlog is getting cleared the next day. More than 15 lakh farmers have registered with the State government, which is a prerequisite to sell their produce at MSP.
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Source : The Hindu Businessline
