NEW DELHI, June 17: A record production of wheat has helped procurement of the essential staple rise by 34 per cent to a record 36.55 million tonnes (mt) this year so far.
The government had purchased 27.22 mt of wheat in the 2011-12 wheat marketing season (April-March).
Total wheat purchase in this marketing season has already surpassed the government’s target of 31.8 mt.
As per the latest government data, wheat procurement as on June 15, 2012, stood at 36.55 mt, while the arrival stood at 38.79 mt.
Punjab and Haryana had procured nearly 12.82 mt and 8.66 mt of wheat, respectively, in the current season.
Wheat purchase in Madhya Pradesh stood at 8.49 mt this year while in Uttar Pradesh it was at 4.03 mt this year.
Wheat production of India, the world’s second-largest producer, is estimated at a record 90.23 mt in the 2011-12 crop year (July-June). The minimum support price of wheat stands at Rs 1,285 per quintal. (PTI)
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