Punjab, Haryana wheat procurement crosses 206 lakh tonnes

Punjab, Haryana wheat procurement crosses 206 lakh tonnes

by | May 25, 2021 | Commodities, Commodities News, Commodity Market, Investing

Punjab, Haryana wheat procurementChandigarh : Making it another bumper rabi crop, food grain states Punjab and Haryana have procured over 206 lakh tonnes of wheat this season, food and supplies officials in both states said on Monday.

In Punjab, the wheat procurement was over 122.1 lakh tonnes as compared to 113 lakh tonnes procured in the same period last year. Over 121.6 lakh tonnes (99.6 percent) has been procured by government agencies.

Officials said that out of the wheat procured, nearly 102 lakh tonnes have been lifted from grain markets for storage.

In Haryana, nearly 84 lakh tonnes of wheat has been procured so far this season. The procurement is higher than the corresponding period last year.

State procurement agencies had procured 74.25 lakh tonnes wheat in the entire season. Procurement in both states started on April 1.

—-IANS

Adequate food grain stocks in central pool: Paswan

Adequate food grain stocks in central pool: Paswan

by | May 25, 2021 | Commodities, Commodities News

ramNew Delhi, (IANS) Food grain stocks available in the central pool are double of the required buffer norms, parliament was told on Tuesday.

“The stock of foodgrains in the central pool as on April 16 this year was 496.12 lakh tons comprising of 282.35 lakh tons of rice and 213.77 lakh tons of wheat as against the net buffer norms of 210.40 lakh tons,” Consumer Affairs, Food and Public Distribution Ram Vilas Paswan told the Lok Sabha in a written reply.

Buffer norms indicate that the central pool must hold 210.40 lakh tons of foodgrain comprising 135.80 lakh tons of rice and 74.60 lakh tons of wheat to tackle an emergency situation.