UP Wheat procurement falls short of goal of 5.5 MT

UP Wheat procurement falls short of goal of 5.5 MT

by admin- Tuesday, June 18th, 2019 08:04:01 PM

Uttar Pradesh authorities and its organizations procured 3.6 million tonnes of wheat until June 15, the day normal procurement season concludes, as towards the target of five.5 million tonnes for the 2019 rabi advertising season, the Business Standard suggested.

Last 12 months, UP had over-achieved wheat procurement goal of five million tonnes with the aid of purchasing 5.3 million tonnes.

Several motives have been mentioned by means of the meals and civil substances branch for tepid procurement, together with the current Lok Sabha polls and aggressive fees winning within the open marketplace.

The state has prolonged the procurement window through 10 days to June 25 to facilitate more purchase and maintain the open marketplace rates competitive for the benefit of farmers.

Every year, the wheat procurement season commences on April 1 and keeps for 2 and 1/2 months till June 15, 2019.

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