Business Standard

Wheat procurement surpasses last year's level of 34.1 MT despite hurdles

Wheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year

Farmers use a combined harvester in a wheat field. Photo: PTI
Premium

The number of purchase centers was increased substantially reducing the farmer footfalls in individual purchase centers.

BS Web TeamAgencies New Delhi
The government's wheat procurement in the 2020-21 marketing year has surpassed last year's 34.13 million tonnes, surmounting all impediments in the wake of the coronavirus outbreak.

Wheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year. Although the wheat marketing year runs from April-March, the bulk of procurement is normally done in the first three months. State-run Food Corporation of India (FCI) and state agencies undertake purchase of wheat at the minimum support price.

In a statement, the food ministry said the overall wheat procurement has touched 34.15 MT as on May 24 in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in