Wheat procurement drive yet to pick up momentum : vimarsana.

Wheat procurement drive yet to pick up momentum


Wheat procurement drive yet to pick up momentum
Business
May 6, 2021
LAHORE: Wheat procurement drive in the Punjab province has yet to pick up full momentum and it will be difficult for the provincial food department to achieve maximum buying target of 4.5 million tons, analysts said on Wednesday.
Punjab Food Department bought 2.659 million tons grains in the province till May 4, which is 76 percent of 3.5 million tons minimum target set under the wheat procurement campaign 2021/22. However, the food department will have to go for achieving maximum procurement target of 4.5 million tons given the fact that this volume of wheat is needed to meet eight-month demands of grain from September 2021 to April 2022.

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