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There will be relief on wheat prices even after the elections! Government procurement has surpassed last year

2893441 Wheat PriceWheat Buying Target: Last year, the rising price of wheat and rice had brought wrinkles on the forehead of the common man. After this, the government started selling wheat from the buffer stock to control the price. Wheat was sold to wholesale traders through auction, which helped in maintaining the price of wheat at a level in the election year. To maintain the price of wheat at the old level, the government increased the target of wheat purchase this time. But after the initial decline in wheat purchase, it has now increased.

Last year the total procurement was 262.02 lakh tonnes

Wheat procurement has surpassed last year in the crop year 2024-25. During this period, wheat procurement was 262.48 lakh tonnes, while last year the total procurement was 262.02 lakh tonnes. Wheat procurement has got a boost especially due to good procurement in Punjab and Haryana. In a statement issued by the government, it was told that 262.48 lakh tonnes of Rabi season grain has already been procured for central storage. This has benefited 22.31 lakh farmers with a minimum support price of Rs 59,715 crore.