In 2022, the Centre's wheat procurement had plunged to 18 million tonne, less than half of what it had estimated to stockpile, as export and output loss due to a prolonged heatwave stoked shortages.
Procurement refers to the Union government's purchases of food grains at floor prices, which are then distributed to nearly 800 million beneficiaries under the National Food Security Act, 2013.
The government also relies on procured stocks to create a cereal buffer, or emergency reserves.
This story is from the May 09, 2023 edition of Hindustan Times.
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This story is from the May 09, 2023 edition of Hindustan Times.
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