Wheat procurement reaches near 1.5 million tonnes, up by 41%
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Wheat procurement by the Food Corporation of India (FCI) for the Centre’s buffer stocks has reached 1.44 million tonnes (mt) – 41 per cent higher than 1.03 mt in the year-ago period. However, this year procurement began on March 13, starting from Rajasthan. Though the Government has set a target to buy 37.29 mt in the marketing year beginning April 1, officials have said that the “realistic” procurement may be 31-32 mt.
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