Government Procures Record Wheat From Farmers, Experts Flag Storage Issues

India's new season wheat purchases from local farmers rose 13.7 per cent from the prior year's total procurement, further boosting stocks at government granaries that are fast running out of storage space due to more than a decade of bountiful production. Government-backed Food Corporation of India (FCI), which buys grain from farmers at a state-set guaranteed price, has bought a record 38.83 million tonnes of wheat, a government sta...