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Wheat procurement down 44% to 162 lakh tonnes till May 1 mainly on higher exports

-PTI/ Financial Express As per the latest official data, about 162 lakh tonnes of wheat have been purchased by the government agencies till May 1 of the ongoing 2022-23 rabi marketing season (RMS). It was 288 lakh tonnes in the year-ago period. The Centre’s wheat procurement declined by 44 per cent to 162 lakh tonnes till May 1 of the current rabi marketing year on higher exports and low arrival in Punjab...

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Wheat procurement & lifting impacted in Punjab, 18 farmers have committed suicide so far -Harpreet Bajwa

-The New Indian Express Also this season till yesterday only 62.81 per cent of wheat has been lifted. Thus approximately eighteen farmers have committed suicide to date across the state this month alone due to low yield. CHANDIGARH: The procurement operation of wheat this season in Punjab has been impacted as till yesterday different central and state government agencies, including the Food Corporation of India have purchased only 85.98 Metric Tonnes (MT)...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Chhattisgarh farmers frustrated over black marketing of urea -Avdhesh Mallick

-Down to Earth Farmers in the state are not getting urea; if they are, it is at almost double the price Urea prices are skyrocketing in Chhattisgarh due to the government’s decisions these days. So bad is the situation that farmers are being forced to buy urea on the black market and then cultivate paddy at a higher cost and bear the losses. Due to this, farmers from Raipur, Mahasamund, Bilaspur and...

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Govt eyes record 44.4 MT of wheat procurement in coming rabi marketing season -Sandip Das

-Financial Express The state wise procurement target of wheat includes Punjab (13.2 MT), Madhya Pradesh (12.9 MT), Haryana (8.5 MT), Uttar Pradesh (6 MT) and Bihar (1 MT). The government on Friday set the target for wheat procurement at a record 44.4 million tonnes (MT) for the Rabi marketing season (2022-23) commencing on April 1. Food Corporation of India (FCI) in collaboration with state government-owned agencies will procure wheat from farmers in the...

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