Wheat procurement has been prolonged until May 31 in six states, together with Uttar Pradesh and Madhya Pradesh, the place it was to finish early this month, the Food Ministry mentioned on Sunday.
Wheat procurement was scheduled to finish on May 10 in Rajasthan and on May 15 in Uttar Pradesh, Madhya Pradesh, Bihar, Gujarat and Himachal Pradesh.
Wheat procurement within the ongoing 2022-23 advertising and marketing yr started in April. Maximum wheat is procured within the first few months of the yr.
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“The Centre has asked wheat producing states and UTs with procurement closing dates expiring early to continue procurement till 31st May, 2022,” the Food Ministry mentioned in an announcement.
Nodal company Food Corporation of India (FCI) has additionally been requested to proceed with wheat procurement below the central pool, it mentioned.
The prolonged interval is anticipated to learn farmers. The determination comes within the wake of requests by state governments/UTs to proceed the procurement course of, it added.
Meanwhile, the procurement of wheat below the central pool is progressing easily in states of Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttarakhand, Himachal Pradesh, J&Okay, Gujarat, Bihar and Rajasthan.
The ministry additional mentioned the federal government’s procurement has been much less thus far this yr primarily as a result of increased market costs than MSP, whereby farmers have been promoting wheat to non-public merchants.
The authorities on May 13 restricted export of wheat to rein in excessive costs of wheat, besides in case of irrevocable letter of credit score and requests from neighbouring/food-deficit international locations.
The authorities’s wheat procurement reached 18 million tonne until May 14 of the continuing 2022-23 advertising and marketing yr, lower than 36.7 million tonne within the year-ago interval.
Wheat procurement goal has been revised to 19.5 million tonne from earlier goal of 44.4 million tonne for this yr.