Govt FY18 wheat procurement up 13% on year at 20.5 million tonne.

The government has procured 20.5 million tonne wheat in 2017-18 (Apr-Mar) up 13% from a year ago. Procurement was highest in Punjab where 8.8 million tonne of wheat has been bought so far, up 5.8% from a year ago. Centre has set a target of procuring 11.5 million tonne wheat from Punjab. The second-largest contributor was Haryana where the government has procured 6.4 million tonne wheat so far and is close to achieving its target of 7.5 million tonne for the 2017-18 marketing year. In Madhya Pradesh, another major producer of wheat, 4.2 million tonne has been procured so far, up 24.1% from a year ago. The government has set an 8.5- million tonne target for wheat procurement in Madhya Pradesh. Overall, the central government has set a target to procure 33.0 million tonne of wheat in the current marketing season that started April, up from 22.9 million tonne a year ago.