Government Increases Wheat Procurement Target at Minimum Support Price by 15%
The Central Government has increased its wheat procurement target at the Minimum Support Price (MSP) by 15 per cent to 34.5 million tonnes for the current season, up from the earlier plan of 30 millio…
The Central Government has increased its wheat procurement target at the Minimum Support Price (MSP) by 15 per cent to 34.5 million tonnes for the current season, up from the earlier plan of 30 million tonnes. Food Secretary Sanjeev Chopra said the decision aims to support farmers whose crops have been damaged due to unseasonal rains.
Speaking at an event in New Delhi yesterday to release the annual wheat survey of the Roller Flour Millers' Federation of India, Mr Chopra said state-wise procurement targets have also been revised upward. He added that procurement from Madhya Pradesh is now expected to be 10 million tonnes, Uttar Pradesh 2.5 million tonnes, Rajasthan 2.35 million tonnes, and Uttarakhand 5,000 tonnes, with some wheat also likely to be procured from Delhi this year.
The Food Secretary has said that wheat procurement quality norms in major producing states, including Punjab, Haryana, Madhya Pradesh and Rajasthan, have been relaxed to enable higher purchases from farmers affected by unseasonal rains that damaged crops.
He said the higher procurement at MSP will add to opening wheat stocks of around 22 million tonnes for 2026-27, taking the total availability to about 56.5 million tonnes. Mr Chopra also noted that wheat production for the 2025-26 crop year is expected to be slightly lower, in the range of 110 to 120 million tonnes, due to damage caused by unseasonal rainfall and hailstorms in key growing states.
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
