HomeNewsBusinessGovt fixes wheat procurement target at 34.15 million tones for 2023-2024

Govt fixes wheat procurement target at 34.15 million tones for 2023-2024

The target was fixed in the meeting of state food secretaries held alongside state food ministers' conference here to discuss procurement arrangements. The meeting was chaired by Food Secretary Sanjeev Chopra.

March 02, 2023 / 21:36 IST
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On the first day, the FCI offered for sale about 22 lakh tonnes of wheat against the earmarked 25 lakh tonne under OMSS
On the first day, the FCI offered for sale about 22 lakh tonnes of wheat against the earmarked 25 lakh tonne under OMSS

The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million tonnes purchased in the previous year.

The target was fixed in the meeting of state food secretaries held alongside state food ministers' conference here to discuss procurement arrangements. The meeting was chaired by Food Secretary Sanjeev Chopra.

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Out of the total wheat procurement target for the 2022-23 marketing year (April-March), Punjab will aim to procure 2.5 million tonnes wheat, Haryana 1.5 million tonnes and Madhya Pradrsh 2 million tonnes, the food ministry said in a statement.

Wheat procurement had declined last year due to a fall in domestic production and higher exports.