INVC NEWS
The Government has fixed procurement target for Rabi Marketing Season (RMS) 2018-19 as 320 lakh tonnes in the conference of the Food Secretaries of the States held in New Delhi, today under the Chairpersonship of Shri Ravi Kant, Secretary (Food), Government of India. The Government has also fixed the Paddy/Rice procurement estimated at 55 lakh tonnes for Rabi crop in Kharif Marketing Season 2017-18.The prospects of production of wheat & paddy/rice and procurement estimate of wheat for Rabi Marketing Season (RMS) 2018-19 and paddy (Rabi Crop) of KMS 2017-18 were discussed in the meeting.
States have been requested to increase number of procurement centres to make proper arrangement of logistics and give wide publicity to MSP and FAQ and ensure quick payments to farmers for their produce.
In consultation with the States, it has been decided to keep an estimate of 320.00 lakh MT of wheat procurement during RMS 2018-19.
