India News | Govt Buys Record 432.83 Lakh Tonnes of Wheat at MSP for Nearly Rs 85,500 Cr
Get latest articles and stories on India at LatestLY. The government has procured 432.83 lakh tonnes of wheat, an all-time high, so far this marketing year at minimum support price (MSP) for nearly Rs 85,500 crore.
New Delhi, Jun 28 (PTI) The government has procured 432.83 lakh tonnes of wheat, an all-time high, so far this marketing year at minimum support price (MSP) for nearly Rs 85,500 crore.
Procurement of wheat in the ongoing rabi marketing season (RMS) 2021-22 is continuing smoothly in the procuring states, an official statement said.
Till June 27, 432.83 lakh tonnes of wheat have been procured as against 386.83 lakh tonnes in the corresponding period of the previous year.
The procurement has exceeded the previous all-time high of 389.92 lakh tonnes achieved in RMS 2020-21.
Wheat procurement in Rajasthan has reached a lifetime high of 23.19 lakh tonnes.
"About 49.07 Lakh farmers have already been benefitted from the ongoing RMS procurement operations with MSP value of Rs. 85,483.25 Crore," the statement said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)