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What is the wheat procurement target for the current financial year 2022-23 (in lakh tonnes)? 

What is the wheat procurement target for the current financial year 2022-23 (in lakh tonnes)?  Correct Answer 195

The correct answer is 195.

Key Points

  • The wheat procurement target of the government has been revised downwards to 195 lakh tonnes for the current financial year 2022-23.
  • Earlier, it was estimated at 444 lakh tonnes.
  • The target has been revised due to a fall in wheat output and increased exports.

Important Points

  • The Food Corporation of India (FCI) is the nodal agency for the procurement and distribution of food grains in India.
  • FCI purchased 187.86 lakh tonnes of wheat at a Minimum Support Price(MSP) for Rs. 37852.88 crores up to 26 June 2022.
  • Wheat MSP has been fixed at Rs. 2015.

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