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Govt wheat buying starts on positive note

If the trend stays Centre might reach its target of 33 mt in wheat procurement well on time

Govt wheat buying starts on positive note
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Sanjeeb Mukherjee New Delhi
After last year’s slippage, the central government has some cheer on wheat procurement, with its purchase this year till April 12 being six per cent more than in 2016-17 at this date, at 3.8 million tonnes (mt). If the trend stays, the Centre might reach its target of 33 mt in wheat procurement well on time.

This does not include the extra five mt promised by the newly elected Yogi Adityanath government in Uttar Pradesh.

India’s annual wheat procurement to run the subsidised food programme starts from April. The bulk of purchase is completed in the first three