Food Corporation of India Update : All over the nation, the central and state governments collectively are distributing 3 kg wheat and a pair of kg rice freed from value to the ration card holder twice a month. For this, the federal government buys wheat and rice on occasion. Food Corporation of India (FCI) is the main company for procurement and distribution of meals grains throughout the nation, which has thus far bought 187.86 lakh tonnes of wheat on the Minimum Support Price (MSP) of Rs 37,852.88 crore. The procurement of wheat had began from the month of April 2022.

According to authorities sources, the procurement of wheat is happening easily within the Rabi advertising and marketing season 2022-23. Till June 26, 2022, 187.86 lakh tonnes of wheat has been procured, benefiting about 17.85 lakh farmers at MSP value of Rs 37,852.88 crore.

Rabi Marketing Session (RMS) runs from April to March, whereas Kharif Marketing Session (KMS) runs from October to September. Due to say no in wheat manufacturing and improve in exports, the wheat procurement goal for the present 2022-23 RMS has been revised to 195 lakh tonnes from 444 lakh tonnes earlier.

Let us let you know that the procurement of paddy underneath the Central Pool, Kharif Marketing Season (KMS) 2021-22 is happening easily in numerous procurement states and union territories. Till June 26, 860.82 lakh tonnes of paddy (together with Kharif crop 755.60 lakh tonnes and Rabi crop 105.22 lakh tonnes) has been procured within the nation, benefiting 125.36 lakh farmers with an MSP value of Rs 1,68,720.89 crore. Wheat is cultivated solely in Rabi/winter, whereas paddy is cultivated in each Kharif/summer season and Rabi seasons.

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