Govt wheat procurement up 12% on year at 15 million tonne so far in FY18.

The government has procured 15 million tonne wheat in 2017-18 (Apr-Mar) up 12.1% from a year ago. Punjab has surpassed Haryana to become the highest contributor to the government’s procurement drive. The government has so far purchased 5.5 million tonne wheat from farmers in the state, up 13.5% from the year-ago period. In Haryana, the government has bought 5.4 million tonne wheat, up 3.4% from a year ago. The government has purchased 3.4 million tonne wheat in Madhya Pradesh, up 12.9% on year, while in Uttar Pradesh, it has bought 267,995 tonne so far, sharply higher than 77,807 tonne in the year-ago period. The Uttar Pradesh government has set a target to procure 8 million tonne wheat this year, much above the central government’s 3- million tonne target for the state. The state government has also offered an incentive of 10 rupees per 100 kg for loading and transportation of the crop, Overall, the central government has set a target to procure 33.0 million tonne of wheat for the current marketing season, up from 22.9 million tonne a year ago.