Tags:
Journalism of Courage
Wheat procurement has increased by 20 per cent so far this year at record 26.97 million tonnes helped by an all-time high production and a Rs 50 bonus offered by the government over and above the support price.
During April 1-June 10 period of last year,procurement stood at 22.44 million tonnes MT. The government8217;s total purchase last year was 22.51 MT,according to the latest Food Ministry data.
Besides record production of 84.27 MT,the government8217;s decision to give a Rs 50 per quintal bonus on top of support price of Rs 1,120 per quintal contributed in bumper procurement this year.
The previous record for procurement was 25.38 MT during the 2009-10 marketing year April-March.
According to data,wheat arrival in mandis rose by 21 per cent to nearly 30.73 MT till June 10 this year as against 25.49 MT in the year-ago period.
Punjab 8212; which contributes maximum to the government8217;s buffer stock 8212; has so far procured 10.94 MT,followed by Haryana at 6.88 MT.
Wheat procurement by Madhya Pradesh,Uttar Pradesh and Rajasthan stood at 4.89 MT,2.74 MT and 1.18 MT,respectively.
Meanwhile,the rice procurement in the kharif marketing season 2010-11 October-September has gone up by 5 per cent to 30.25 MT so far as compared to 28.71 MT in the year-ago period.
The country8217;s rice procurement during the year-ago period stood at 32.03 MT.
