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Wheat, rice procurement at comfortable levels, says Centre
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IANS | 27 Apr, 2023
Wheat procurement during the Rabi marketing season of 2023-24 has
surpassed the total procurement of the season, official sources said on
Thursday.
Till April 26 2023, wheat procurement during
2023-24 season was 195 lakh metric tonnes (LMT), while in 2022-23, the
procurement was 188 LMT.
This has largely benefitted the farmers
as the minimum support price (MSP) outflow of about Rs 41,148 crore has
already been made to about 15 lakh farmers during the ongoing wheat
procurement operations, the sources added.
Notably, major
contribution in the procurement comes from three wheat procuring states
of Punjab, Haryana and Madhya Pradesh with procurement of 89.79 LMT,
54.26 LMT and 49.47 LMT, respectively.
One of the major factors
which have contributed to the progressive procurement this year is the
grant of relaxation by the Centre in quality specifications of wheat
being procured, in view of untimely rains leading to lustre loss. This
will reduce the hardship of farmers and check any distress sale, sources
said.
Rice procurement too has progressed well as 354 LMT has
been procured till April 26 during Kharif marketing season of 2022-23
with another 140 LMT yet to be procured.
Further, 106 LMT rice is estimated to have been procured during the Rabi crop of Kharif marketing season 2022-23.
The
combined stock position of wheat and rice in the Central Pool has
surpassed 510 LMT which puts the country in a comfortable position to
meet its requirements of food grains, official sources said.
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