Haryana procurement target lowered by 13%
31 March 2015 10:51 PM GMT
With untimely rains along with hailstorm causing damage to crops, Haryana has scaled down its wheat procurement target for central pool by 13 per cent to 65 lakh tonnes for the upcoming Rabi marketing season. “Keeping in view, the untimely heavy rain and hailstorms which caused heavy loss to the standing wheat crop in the state, the procurement target has been reduced from 75 lakh metric tonnes to 65 LMT during ensuing Rabi Marketing Season 2015-16,” a Haryana Food and Supplies Department spokesman said here.
Haryana government has projected loss in wheat crop over 18 lakh hectares because of hailstorm while seeking compensation of Rs 500 core for compensating farmers. The state government has made elaborate arrangements for the smooth procurement of wheat starting from April 1 while Reserve Bank of India has authorized a credit limit of over Rs 10,053 crore to Haryana for the procurement of wheat, he said. From the coming procurement season, central agency Food Corporation of India will not purchase crop from Haryana.
The entire wheat stock will be bought by state owned procurement agencies. Acting on Shanta Kumar Committee for overhauling of Food Corporation of India, the Centre had asked FCI to stop purchase of foodgrains in states like Punjab and Haryana in the wake of fully developed procurement system in these states.
The entire stock would be purchased by the State Government and its agencies on behalf of Government of India for Rabi Marketing Season 2015, he said.
Haryana government has projected loss in wheat crop over 18 lakh hectares because of hailstorm while seeking compensation of Rs 500 core for compensating farmers. The state government has made elaborate arrangements for the smooth procurement of wheat starting from April 1 while Reserve Bank of India has authorized a credit limit of over Rs 10,053 crore to Haryana for the procurement of wheat, he said. From the coming procurement season, central agency Food Corporation of India will not purchase crop from Haryana.
The entire wheat stock will be bought by state owned procurement agencies. Acting on Shanta Kumar Committee for overhauling of Food Corporation of India, the Centre had asked FCI to stop purchase of foodgrains in states like Punjab and Haryana in the wake of fully developed procurement system in these states.
The entire stock would be purchased by the State Government and its agencies on behalf of Government of India for Rabi Marketing Season 2015, he said.
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