SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Centre procures 136.93 lakh tonnes of wheat till April 24 of 2022-23 rabi marketing year

26 Apr 2022 Evaluate

The Centre has procured 136.93 lakh tonnes of wheat till April 24 of the 2022-23 rabi marketing year at the minimum support price (MSP) for Rs 27,592 crore. In the 2022-23 Rabi marketing season that started this month, 136.93 lakh tonnes of wheat has been procured from 11 states till April 24. Wheat procurement under the central pool is progressing in Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttrakhand, Chandigarh, Himachal Pradesh, J&K, Gujarat, Bihar, and Rajasthan.

Paddy procurement under the central pool is progressing smoothly in Kharif Marketing Season (KMS) 2021-22, in various procuring States/ UTs. The kharif marketing season runs from October to September. Food Corporation of India (FCI) is the government’s nodal agency for procurement and distribution of foodgrains.

Besides, up to April 24, a quantity of 757.27 lakh tonnes of paddy (includes Kharif Crop 751.39 LMT and Rabi Crop 5.87 LMT) has been procured, benefiting 109.33 Lakh farmers with an MSP value of Rs.1,48,424.78 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:

×