HomeNewsBusinessEconomyGovt sets conservative wheat procurement target of 30-32 million tonnes for 2024-25 season

Govt sets conservative wheat procurement target of 30-32 million tonnes for 2024-25 season

The lower target has been fixed despite the Ministry of Agriculture hoping for a record wheat production of 114-115 million tonnes in the 2023-24 crop year (July-June).

February 29, 2024 / 11:14 IST
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Govt sets conservative wheat procurement target of 30-32 million tonnes for 2024-25 season
Govt sets conservative wheat procurement target of 30-32 million tonnes for 2024-25 season

The government has fixed a conservative target of wheat procurement in the range of 30-32 million tonnes for the 2024-25 rabi marketing season, according to the food ministry.

The lower target has been fixed despite the Ministry of Agriculture hoping for a record wheat production of 114-115 million tonnes in the 2023-24 crop year (July-June).

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The target was fixed after a deliberation with state food secretaries in a meeting chaired by Union Food Secretary Sanjeev Chopra in the national capital on Wednesday.

"After deliberations, the estimates for wheat procurement during the ensuing rabi marketing season of 2024-25 were fixed in the range of 30-32 million tonnes," the ministry said in a statement.