SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt procures 69.24 lakh tonnes of wheat up to April 17 in rabi marketing season

19 Apr 2022 Evaluate

The government has procured 69.24 lakh tonnes of wheat up to April 17 in the rabi marketing season benefitting 5.86 lakh farmers with minimum support price (MSP) value of Rs 13,951.41 crore. Wheat procurement has recently commenced in Rabi Marketing Season 2022-23 in the states of Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttrakhand, Chandigarh, Himachal Pradesh, Gujarat and Rajasthan.

The rabi marketing season runs from April to March. However, the bulk of wheat procurement takes place between April to June. Wheat MSP has been fixed at Rs 2,015 per quintal. Out of the total procurement, Punjab contributed 32,16,668 tonnes, Haryana 27,76,496 tonnes and Madhya Pradesh 8,98,679 tonnes.

The paddy procurement is progressing smoothly in kharif marketing season (KMS) of 2021-22 at MSP from farmers. The kharif marketing season runs from October to September. A quantity of 754.08 lakh tonnes of paddy (includes Kharif Crop 750.95 lakh tonnes and Rabi crop 3.14 lakh tonnes) has been procured in KMS 2021-22 up to April 17, 2022 in procuring States/UTs. Till now about 108.90 Lac farmers have been benefitted with MSP value of Rs 1,47,800.28 crore.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: