Wheat procurement to touch 21 mn tons this year
New Delhi (PTI): The government is expecting that wheat procurement will reach 21 million tons this year on the back of record production and higher support price being offered to farmers.
"The procurement has already reached 19.8 million tons (MT) and we expect that it would reach 21 MT," Food Corporation of India (FCI) Chairman and Managing Director Alok Sinha told PTI. FCI is the nodal agency for foodgrain procurement and distribution in the country.
The government had procured 11.1 MT last year for supply under the public distribution system against the targeted 15 MT.
Agri. & Commodities