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LATEST NEWS UPDATES | Govt revises wheat production estimate downwards by 5.7% to 105 mn tonnes

Govt revises wheat production estimate downwards by 5.7% to 105 mn tonnes

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published Published on May 4, 2022   modified Modified on May 8, 2022

-PTI/ Business Standard

The lowering of estimates has been attributed to "early summer"

The government has revised downwards the estimate for wheat production by 5.7 per cent to 105 million tonnes in the 2021-22 crop year ending June from the earlier projection of 111.32 million tonnes, as the crop productivity has been affected due to the early onset of summer.

Addressing a press conference, Food Secretary Sudhanshu Pandey said the agriculture ministry has revised the wheat production estimate downwards to 105 million tonnes for the 2021-22 crop year from 111.3 million tonnes earlier.


India's wheat production stood at 109.59 million tonnes in the 2020-21 crop year (July-June).

The lowering of estimates has been attributed to "early summer".

Pandey, however, said there is no case for controlling exports of wheat.

The government's wheat procurement is expected to fall to 19.5 million tonnes in the 2022-23 marketing year (April-March), much lower than the last year, due to several factors, including higher market prices of wheat in some states compared to the minimum support price (MSP), stocks being held by farmers and traders in anticipation of further price rise and lower production than estimated in some states.

Pandey said the government has allocated 55 lakh tonnes of additional rice in place of wheat to states for distribution under the government's free ration scheme PMGKAY.

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PTI/ Business Standard, 4 May, 2022, https://www.business-standard.com/article/current-affairs/govt-revises-wheat-production-estimate-downwards-by-5-7-to-105-mn-tonnes-122050400708_1.html?utm_medium=Social&utm_source=Facebook&fbclid=IwAR1wD9CCSU0vjsEgobZd


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