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Wheat procurement increases over 70% to 292 lakh tonnes this marketing season, so far.
May 04, 2021

The Centre on Monday said wheat procurement rose over 70 per cent to 292.52 lakh tonnes so far in the ongoing 2021-22 rabi marketing season, benefitting about 28.80 lakh farmers. State-owned Food Corporation of India (FCI) and state agencies are undertaking procurement operations at a minimum support price (MSP).
 
In the year-ago period, wheat procurement stood at 171.53 lakh tonnes.
 
This year, Haryana and Punjab switched from indirect payment of MSP to direct online transfers to farmers' bank accounts following a central government direction.
    

The Economic Times

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