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Saturday / July 20. 2024
HomeAgroPolicyWheat Procurement reaches 195 Lakh tonne in 2022-23

Wheat Procurement reaches 195 Lakh tonne in 2022-23

A quantity of 354 LMT of rice has been procured

During the ongoing Rabi Marketing Season (RMS), 195 Lakh Metric Tonnes (LMT) of wheat have been procured surpassing procurement done in 2022-23. This has largely benefited the farmers. In RMS 2022-23, the procurement was 188 LMT.
 
MSP outflow of about 41 thousand 148 crores has already been made to about 14.96 lakh farmers during the ongoing wheat procurement operations. Major contribution in the procurement has come from three wheat-procuring States of Punjab, Haryana and Madhya Pradesh.
One of the major factors, contributing to the progressive procurement this year, is the grant of relaxation by the Government 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 distressed sales.
The Consumer Affairs, Food and Public Distribution Ministry said, rice procurement is also progressing smoothly. A quantity of 354 LMT of rice has been procured till now.

In addition, rice procurement is also progressing smoothly. A quantity of 354 LMT of rice has been procured till 26.04.2023 during the Kharif crop of KMS 2022-23 with another 140 LMT yet to be procured. Further, a quantity of 106 LMT rice has been estimated to be procured during the Rabi crop of KMS 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. With the ongoing procurement of wheat and rice, the food grains stock levels are on the rise in Government granaries.

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