24.51 LMT of wheat procured; 114.21 LMT lifted

By Admin

  • Rs. 18134 crore released to the farmers

Chandigarh May 11:

Out of the total of 124.54 LMT of wheat arrival in the grain markets across the State, up to May 10 Government Agencies have procured 123.98 LMT while private traders have procured 53266 MT, informed an official spokesman of the government of Punjab.

He added that more than 114.21 LMT of the wheat procured by government agencies has been lifted from the mandis and Rs. 18,134 crore has been released to the farmers through the commission agents of the state.

 The spokesman further informed that amongst the State procuring agencies, PUNGRAIN is leading with a total procurement of 28.74 LMT, followed by MARKFED with 27.20 LMT. PUNSUP has purchased 23.90 LMT while PSWC has purchased 16.86 LMT and Punjab Agro has procured 12.37 LMT. Similarly, FCI has purchased 14.87 LMT of the wheat sold in the mandis of the State.