To make storage space available for the fresh rabi harvest, the Union government has decided to allocate an additional 5 million tonnes of wheat and rice to the Below Poverty Line (BPL) population under the public distribution system (PDS). The Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, cleared the Food Ministry's proposal at a meeting on Monday. The additional foodgrains will be made available from June 1 over...

Bumper wheat crop poses new headaches Paradox Of Plenty     * Wheat projection of 84.27 million tonnes hit mandi prices     * Farmers await price revival; govt buys much below last year     * Wait for eGoM on exports as global demand, prices are higher     * Govt storage capacity already tight; fear of damage prevails     * Food security scheme launch to raise stock requirements *** It’s been a nerve-racking week for Brijesh Singh. The 34-year-old...

Wheat procurement in Punjab has reached 56.22 lakh metric tonnes (MT) so far in the ongoing crop year, but this is still 39 per cent lower than the volume lifted in the corresponding period of previous year. Government procurement agencies and private millers have procured 56.22 lakh MT of wheat so far, whereas 91.60 lakh MT of crop was procured last year. Wheat Harvesting got delayed in Punjab because of extended cold...

India is growing more wheat than it ever was. While other leading wheat producing countries like China and US are witnessing a decline in output, the country has stood as an exception with an estimated record production of 84.27 million tonnes of the staple foodgrain this year. Russia, Canada and Australia, too, are witnessing a downturn. “India is gaining internationally in the wheat production,” S S Singh, Project Director of Directorate of Wheat...

According to the third advance estimate, India’s foodgrain production in the current farm year (to end in June 2011) will be a record 235.88 million tonnes, including an all-time high wheat output of 84.27 million tonnes against 81.47 million tonnes projected earlier. Ahead of the Wheat Harvest, the country had buffer foodgrain stock of 47 million tonnes at the start of 2011 in the central pool. A buffer close to double...