Punjab creates record in wheat procurement by procuring 110.50 L tonne

CHANDIGARH: The Punjab State today clocked a new record in wheat procurement with various government agencies and traders procuring 110.50 lakh tonnes of wheat beating the previous year procurement target of 110 lakh tonnes wheat.

According to an official spokesman out of total procurement of 110,50,312 tonnes of wheat government agencies procured 110.50 lakh tonnes of wheat (99.7%) till date whereas private traders procured 33982 tonnes (0.3%) of wheat.

Till May 31, PUNGRAIN had procured 17.52 lakh tonnes (15.9%) whereas MARKFED procured 25.83 lakh tonnes (23.4%).
PUNSUP procured 24.59 lakh tonnes (22.3%), PSWC procured 15.50 lakh tonnes (11.3%) whereas PAIC was able to procure 12.10 lakh tonnes (11 %) of wheat.

The Central Government agency FCI had been able to procure 16.60 lakh tonnes of wheat which was the 15% of the total procurement of wheat in the state.

The spokesman added that Ferozepur with 13.69 lakh tonnes of procurement was leading in procurement operations whereas district Sangrur with 10.28 lakh tonnes of procurement was at second slot and District Ludhiana with 8.61 lakh tonnes of procurement ranked at third position

Farmers were bringing the crop across the 1734 marketing centers all over the state and were given payment of their produce within 48 hours after lifting of their wheat. A total payment of Rs.12178.91 crores has been made to the farmers till date.