Procurement Of Wheat Progressing At Very Fast Pace In All Major States

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Capital Market
Last Updated : Apr 28 2020 | 11:50 AM IST
Procurement of wheat is progressing at a very fast pace in all major procuring states of the country. A quantity of 88.61 Lakh Metric Tonnes (LMT) wheat has already been procured for the central pool till 26.04.2020. Out of this, major contribution has been from Punjab with 48.27 LMT followed by Haryana with 19.07 LMT. Going by the present pace of procurement, the target of 400 LMT kept for the season is likely to be achieved. Considering the looming threat of spread of COVID-19 virus, procurement is being undertaken after taking enough pre-cautions and ensuring social distancing in the mandis. Every effort is being made to ensure that the farmers are not put to any kind of distress. Continuing the healthy pace of dispatch of food grains from surplus to consuming regions, Food Corporation of India (FCI) crossed the 2000 number in terms of train loads dispatched during lockdown period. Till 27.04.20, a total number of 2087 of train loads carrying about 58.44 Lakh MT were dispatched to meet the requirements of food grains under various schemes of government of India. Unloading of 1909 rakes carrying 53.47 LMT stocks was also done during this period, despite severe constraints posed due to declaration of hotspots and containment zones in many of the key unloading centres in consuming states. It is expected that with gradual easing of restrictions by central and state governments, the pace of unloading will be enhanced further in the coming days.

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First Published: Apr 28 2020 | 11:39 AM IST

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