Wheat arrivals in Punjab cross 100 lakh metric tonne
The total wheat arrivals has crossed 100 LMT already and has surpassed the entire procurement of last year, which stood at 96 LMT. Comparing the arrivals with the previous year, the Minister said that it is a matter of pride that once again Punjab is on top in feeding the nation, with almost 50 per cent of the nationwide government purchase of wheat happening in the State.
The total wheat arrivals has crossed 100 lakh metric tonne in the 'mandis' of Punjab. The total arrival of wheat crossed 100 lakh metric tonne (LMT) till Thursday, said an official statement here.
Of the total arrivals so far, about 3.5 LMT have been purchased by the traders, while the rest has been picked up by the government agencies at Minimum Support Price, the statement said.
Notably, the wheat procurement in the state began on April 1, but due to unseasonal rains in many parts of the state, the pace picked up a few days later. Punjab's Food, Civil Supplies and Consumer Affairs Minister, Lal Chand Kataruchak said the procurement of wheat has entered its last phase.
The total wheat arrivals has crossed 100 LMT already and has surpassed the entire procurement of last year, which stood at 96 LMT. Comparing the arrivals with the previous year, the Minister said that "it is a matter of pride that once again Punjab is on top in feeding the nation, with almost 50 per cent of the nationwide government purchase of wheat happening in the State".
Also Read: Analysis: Wipro shows some spark on buyback offer but what lies ahead?
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.