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Government estimates 320 lakh tonnes wheat procurement during Rabi Marketing Season 2018-19

Capital Market 

The Government has fixed procurement target for Rabi Marketing Season (RMS) 2018-19 as 320 lakh tonnes in the conference of the Food Secretaries of the States held in New Delhi, today under the Chairpersonship of Shri Ravi Kant, Secretary (Food), Government of India. The Government has also fixed the Paddy/Rice procurement estimated at 55 lakh tonnes for Rabi crop in Kharif Marketing Season 2017-18. The prospects of production of wheat & paddy/rice and procurement estimate of wheat for Rabi Marketing Season (RMS) 2018-19 and paddy (Rabi Crop) of KMS 2017-18 were discussed in the meeting.

States have been requested to increase number of procurement centres to make proper arrangement of logistics and give wide publicity to MSP and FAQ and ensure quick payments to farmers for their produce.

In consultation with the States, it has been decided to keep an estimate of 320.00 lakh MT of wheat procurement during RMS 2018-19.

The State-wise break-up of the estimate of wheat procurement during RMS 2018-19 is as follows:

Sl. No. State Estimate for Wheat Procurement (lakh MT)1. Punjab 119.002. Haryana 74.003. Madhya Pradesh 67.004. Uttar Pradesh 40.005. Rajasthan 16.006. Bihar 2.007. Uttarakhand 1.008.

Gujarat 0.509. Other States 0.50Total 320.00

An estimate of 55 Lakh MT for paddy procurement, state-wise, in terms of Rice for Rabi Crop in KMS 2017-18 (which is over and above the estimate of 375.00 lakh MT set for Kharif crop of paddy for KMS 2017-18) was also finalised. The State-wise details are as follows:

Sl. No. State Estimate for Paddy Procurement in terms of Rice (lakh MT)1. Andhra Pradesh 18.002. Telangana 19.003. Odisha 7.004. Tamil Nadu 5.005. Kerala 1.326. West Bengal 4.007. Assam 0.348. Maharashtra 0.34Total 55.00

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 15 2018. 17:02 IST
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