3516 Wheat procurement is to start in Punjab from Saturday, smuggling of grain from states where no MSP is paid has already begun
Sukhmeet Bhasin
Bathinda, April 9
Even as wheat procurement is to start in Punjab from Saturday, smuggling of grain from states where no MSP is paid has already begun. At least 24 wheat trucks from other states reportedly arrived here last night.
Traders make Rs 2L per truck
Traders buy wheat at Rs1,100 per quintal from states which don’t pay MSP to farmers and sell it in Punjab at MSP (Rs1,925 per quintal)
They earn over Rs2 lakh per consignment of 400 quintals in one truck after paying Rs225 per quintal for transportation
1465 Wheat procurement is to start in Punjab from Saturday, smuggling of grain from states where no MSP is paid has already begun
Sukhmeet Bhasin
Bathinda, April 9
Even as wheat procurement is to start in Punjab from Saturday, smuggling of grain from states where no MSP is paid has already begun. At least 24 wheat trucks from other states reportedly arrived here last night.
Traders make Rs 2L per truck
Traders buy wheat at Rs1,100 per quintal from states which don’t pay MSP to farmers and sell it in Punjab at MSP (Rs1,925 per quintal)
They earn over Rs2 lakh per consignment of 400 quintals in one truck after paying Rs225 per quintal for transportation
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