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Wheat procurement target at 34.15 million tonnes for 2023-24 - PTI/The Print

The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million tonnes purchased in the previous year. The target was fixed in the meeting of state food secretaries held alongside state food ministers’ conference here to discuss procurement arrangements. 

Out of the total wheat procurement target for the 2022-23 marketing year (April-March), Punjab will aim to procure 2.5 million tonnes wheat, Haryana 1.5 million tonnes and Madhya Pradrsh 2 million tonnes, the food ministry said in a statement.

Wheat procurement had declined last year due to a fall in domestic production and higher exports. However, the government has projected a record wheat production at 112.18 million tonnes in the 2023-24 crop year (July-June) as per the second estimate of the agriculture ministry.

Besides wheat, the government has also fixed rabi (winter) rice procurement target at 10.6 million tonnes in the 2022-23 marketing year.

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