Government's open market sale of wheat ensures supply stability, reduced FCI borrowings, and aided welfare schemes. FCI aims for 300-310 lakh tonnes procurement this year. Punjab, and Haryana witness good wheat arrival meanwhile the wheat procurement in Madhya Pradesh has been slow so far at 34.6 lakh tonnes despite commencing MSP operations earlyTuesday, April 30, 2024
Wheat sale in open market helped FCI borrow 21,000 crore less in Fiscal Year24
Government's open market sale of wheat ensures supply stability, reduced FCI borrowings, and aided welfare schemes. FCI aims for 300-310 lakh tonnes procurement this year. Punjab, and Haryana witness good wheat arrival meanwhile the wheat procurement in Madhya Pradesh has been slow so far at 34.6 lakh tonnes despite commencing MSP operations early
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