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India : Wheat Procurement surpasses last year’s mark by 5 lakh MT
Publish Date : 30-May-2015
Wheat procurement by government agencies during current Rabi marketing season has crossed the last year mark. It is 5 lakh MT more than last season’s procurement. Till May 27th this season 267,06,313 MTwheat has been procured by the government agencies in various wheat growing states, while during last season it was 262,86,152 MT on the day.
In order to give relief to the farmers affected with unseasonal rains and hailstorms, the Government had relaxed quality norms for wheat procurement and also decided to bear value cut , if any imposed for shrivelled, broken and luster lost grains, so that farmers get full Minimum Support Price(MSP) for their produce.
Punjab has procured over 98.66 lakh tonnes of wheat this season, while neighbouring Haryana has surpassed its procurement target for the season by procuring 67.55 lakh tonnes.
