Govt procures 7% more wheat from farmers
The government has bought 7 per cent more wheat from farmers this year to bolster state reserves that may be used to curb inflation running near a three-year high. India is the world's second-biggest wheat grower behind China. Food Corporation of India (FCI) and other state-firms bought 3.1 million tonnes of wheat from farmers since April 1 and total purchases may reach a target of 15 million tons, Food Corp.