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LATEST NEWS UPDATES | Centre cuts wheat allocation for 12 States under PMGKAY -Prabhudatta Mishra

Centre cuts wheat allocation for 12 States under PMGKAY -Prabhudatta Mishra

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published Published on May 3, 2022   modified Modified on May 4, 2022

-The Hindu Business Line

Says shift to rice will help mitigate scarcity-like situation amid dip in wheat procurement

The Centre has revised allocation of rice and wheat for 12 States under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) by asking Uttar Pradesh, Bihar, Tamil Nadu and Kerala to shift to rice for their entire grain requirement.

For others, the reduction in the quantity of wheat will be compensated with the same amount of rice so that there is no shortage in overall grains allocation.

Saving wheat

Amid the ongoing Rabi procurement season — which has seen the lowest wheat procurement in the last 15 years — the latest move will help the government save 5.55 million tonnes (mt) of wheat under PMGKAY. Before this revision, the allocation plan for PMGKAY would have entailed an outgo of 10.93 mt at 100 per cent offtake for April-September period. After the revision, the government requires a maximum of 5.38 mt wheat, sources said. Simultaneously, rice allocation under PMGKAY has increased to 18.53 mt from pre-revised 12.99 mt.

In a letter to food secretaries of all the States on Tuesday, the Food Ministry said while there is no change in other terms and conditions of PMGKAY guidelines, the revision in allocation has been undertaken “in order to mitigate scarcity-like situation and to ensure availability of sufficient stocks as per stocking norms”.

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The Hindu Business Line, 3 May, 2022, https://www.thehindubusinessline.com/economy/agri-business/centre-cuts-wheat-allocation-for-12-states-under-pmgkay/article65378547.ece


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