Government’s wheat procurement down at 184.58 lakh tonnes in RMS 2022-23

Wheat procurement in RMS 2022-23 has so far benefitted 17.50 lakh farmers with an MSP value of Rs 37,192.07 Crore

The Food Ministry has recently announced that the government of India has procured 184.58 lakh tonnes of wheat at an MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year, benefitting 17.50 lakh farmers.

According to the ministry, 96.16 lakh tonnes of wheat have been procured in Punjab, 44.45 lakh tonnes in Madhya Pradesh, 40.97 lakh tonnes in Haryana, 2.84 lakh tonnes in Uttar Pradesh till May 29 of the current marketing year.

Upto May 29, 2022 a quantity of 184.58 LMT of wheat has been procured, benefiting about 17.50 Lakh farmers with MSP value of Rs 37,192.07 crore.

Paddy procurement under central pool is progressing smoothly in Kharif Marketing Season (KMS) 2021-22, in various procuring States/ UTs.

Upto May 29, 2022, a quantity of 810.05 LMT of Paddy (includes Kharif Crop 754.69 LMT and Rabi Crop 55.37 LMT) has been procured, benefiting 117.05 Lakh farmers with MSP value of Rs 1,58,770.64 crore.

The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports.

Wheat procurement in RMS 2022-23 has so