NEW DELHI: The Centre's wheat procurement declined by 44 per cent to 162 lakh tonnes till May 1 of the current rabi marketing year on higher exports and low arrival in Punjab and Haryana Mandis, according to official sources.
As per the latest official data, about 162 lakh tonnes of wheat have been purchased by the government agencies till May 1 of the ongoing 2022-23 rabi marketing season (RMS). It was 288 lakh tonnes in the year-ago period.
Around 14.70 lakh farmers have benefitted from the procurement at the Minimum Support Price (MSP) value of Rs 32,633.71 crore, the data showed. The rabi marketing season runs from April to March but the bulk procurement ends by June.
This story is from the May 03, 2022 edition of Millennium Post Delhi.
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This story is from the May 03, 2022 edition of Millennium Post Delhi.
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