Chandigarh March 30 (IANS) The Reserve Bank of India (RBI) has authorized a credit limit of Rs.10,053 crore to Haryana for the procurement of wheat this season, a state government official said on Monday.
The wheat procurement will begin April 1 but bulk stocks are expected to arrive after Baisakhi, the harvest festival, on April 13.
The entire stock would be purchased by agencies of the state government on behalf of the central government, a state food and supplies department spokesman said.
About 65 lakh tonnes of wheat is likely to be procured during the ensuing Rabi marketing season, he said.
"Keeping in view the untimely heavy rain and hailstorms which caused heavy loss to the standing wheat crop in the state, the procurement targets have been reduced from 75 lakh tonnes to 65 lakh tonnes this year," the spokesman said.
"The Haryana government has made elaborate arrangements for the smooth procurement of wheat. The food and supplies department will procure 33 percent wheat, whereas 40 percent wheat would be procured by Hafed, 15 percent by Haryana Warehousing Corporation, 10 percent by Haryana Agro Industries Corporation and two percent by Confed," he said.
The wheat will be procured at 376 centres across Haryana.
Imran Khan assassination attempt: PTI members resolve to continue protest till FIR is lodged
Protests continued across the country on Sunday as members of the Pakistan Tehreek-e-Insaf (PTI)
Prime Minister Narendra Modi on Thursday addressed Bharatiya Janata Party workers on the occasion
The war between Russia and Ukraine that started on 24 February is still going on. On Friday, Russ
After the slowing down of the corona epidemic, schools are continuing to open in different states
In terms of supplying crude oil to India, Russia has left behind Iraq and Saudi Arabia. According
US President Joe Biden has described India as a strong partner of America. Has said that he will
On Monday night, South superstar Dhanush and Rajinikanth's daughter Aishwarya announced their sep
Earthquake tremors were felt in America and Myanmar on Friday. Earthquakes occurred in New York C
Shahid Kapoor made his digital debut this year with the web series 'Farzi'. He was appreciated a
Not only the border, but China is also a big challenge in front of India on the trade front.
In the year 2020, after the skirmish of the Indian Army with the Chinese forces in the Galvan Val