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  • Wheat procurement likely to rise 15% to touch record 44 mn tonnes this yr

    Published on February 19, 2013

    The government’s wheat purchase is expected to touch 44 million tonne in the 2013-14 marketing year starting April, surpassing last year’s record of 38.1 million tonne. Food Minister K V Thomas today said that this year, wheat procurement is likely to increase by over 15 per cent despite marginal fall in output by 2.6 million tonne to 92.3 million tonne. Procurement of wheat, a major rabi crop, begins from April and continues till June.

    Anticipating higher procurement, Thomas said the government is gearing up to buy wheat at the minimum support price of 1,350 rupees per quintal from farmers .

    In order to ensure immediate payments to farmers on delivery of wheat, the Minister said that the states have been asked to make available adequate funds for procurement agencies and farmers should be paid via cheque.

    The minister said that in view of problem faced by some states regarding availability of packaging material during last year, states have been asked to ensure adequate availability in advance .

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