Government's wheat procurement down by 53% to 182 lakh tonnes in 2022-23

State-owned Food Corporation of India (FCI) and state agencies undertake procurement at the minimum support price to meet the requirement under the public distribution system (PDS) and other welfare schemes. The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports.

Government's wheat procurement down by 53% to 182 lakh tonnes in 2022-23
State-owned Food Corporation of India (FCI) and state agencies undertake procurement at the minimum support price to meet the requirement under the public distribution system (PDS) and other welfare schemes. The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports.