Tuesday, June 24, 2025

Creating liberating content

When it comes to our physical selves, we do a

NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked top

LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience

Related News

Nasa on Tuesday confirmed that the Axiom Mission 4 (Ax-4) to the International Space Station is now targeting a launch on Wednesday, June 25. The mission previously faced series of

When it comes to our physical selves, we do a lot – we eat a lot of healthy food, exercise, take supplements, and drink enough water. However, when it comes

NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked top direct tax officials to make the processes simpler, transparent, and taxpayer-friendly, while seeking to speed up cases of disputed tax

LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his

Oil prices slipped nearly $5, or 6%, on Monday after Iran attacked the US military base in Qatar in retaliation for US attacks on its nuclear facilities, and took no

MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the Red Sea disruptions, marine

Trending News

LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his

MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the Red Sea disruptions, marine

NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said little headway was made in the review of 15-year-old free trade agreement (FTA) with Asean, despite nine rounds of

Commerce and Industry Minister Piyush Goyal affirmed that India’s free trade agreements (FTAs) prioritize domestic industry interests through extensive stakeholder consultations, carefully balancing offensive and defensive needs. He emphasized pursuing

ITR filing: The deadline to file income tax returns has been extended to September 15, 2025 this year, as against July 31 every year. (AI image) ITR filing FY 2024-25:

US stock markets inched up on Monday, showing little immediate reaction to the ongoing Middle East conflict, including fresh US-led airstrikes on Iran over the weekend.Wall Street traded in green

Govt wheat procurement so far this year 11% more than entire 2024 purchase | India News

Word Count: 607 | Estimated Reading Time: 4 minutes


Govt wheat procurement so far this year 11% more than entire 2024 purchase

NEW DELHI: Wheat procurement during the current Rabi marketing season (RMS) has crossed 296 lakh tonne till Sunday, 11% more than the entire purchase of the cereal by govt agencies last year. This puts the govt in a comfortable position to meet the statutory food security requirement and for market intervention to check price rise.As procurement will continue till June end in some wheat-producing states, the govt is hopeful of taking the total purchase to more than 300 lakh tonne. What’s more interesting is that while Punjab and Haryana — two major wheat producing states — have reported less procurement this year as compared to the last RMS, Madhya Pradesh and Rajasthan have seen a steep increase in govt purchase.While Madhya Pradesh recorded 77.7 lakh tonne of wheat procurement till Sunday, registering a 66% rise over last year, in Rajasthan, it has almost doubled to 17.2 lakh tonne. Sources said lower procurement in Punjab and Haryana is due to increased private buying. “This year there is enough wheat for everyone, from govt agencies to private players, because of a bumper crop. Private players offering better prices than the MSP (minimum support price) is good for farmers,” said an official.The agriculture ministry has projected a record 1,154 lakh of wheat production for 2024-25. The Food Corporation of India supplies around 184 lakh tonne of the grain to nearly 80 crore beneficiaries under the PM Garib Kalyan Ann Yojna and other social welfare schemes.After achieving a record procurement of 433 lakh tonne in the 2021-22 season, the purchase by govt agencies under MSP operations fell to a low of 188 lakh tonne in the 2022-23 season because of lower output. However, it rose by around 40% to 262 lakh tonne in 2023-24.





Source link

Sign In

Welcome ! Log into Your Account