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Rains hit Punjab’s wheat crop but grain piling up at mandis, govt procurement shooting up - Sonal Matharu

The Print In compounds outside wheat mandis across Punjab, gunny bags full of golden grain are piled up in huge quantities. Less than a month into the procurement season, the state has already contributed more than 100 lakh metric tonnes (LMT) of wheat in 2023-24 to the central government’s reserves. Haryana and Madhya Pradesh are the next big contributors with around 55 LMT and 50 LMT, respectively. Earlier this year, unseasonal rains...

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India allows early Wheat procurement by states to avert distress sale by farmers - Shloka Badkar

CNBC TV18 The Centre has allowed an early procurement of Wheat procurement by states to avert the possibility of any distress sale by farmers. Despite the pre-monsoon rains increasing moisture content in the rabi crop, government sources have maintained that the procurement cycle is on track and there hasn't been any adverse climatic impact on wheat harvest or supply so far. While government sources indicated that Wheat procurement in Madhya Pradesh will...

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Wheat procurement target at 34.15 million tonnes for 2023-24 - PTI/The Print

The government has fixed a Wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million tonnes purchased in the previous year. The target was fixed in the meeting of state food secretaries held alongside state food ministers’ conference here to discuss procurement arrangements.  Out of the total Wheat procurement target for the 2022-23 marketing year (April-March), Punjab will aim to procure 2.5 million...

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Costly wheat and the cloud over our daily bread - Sayantan Bera

Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices. - Mint Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports...

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A welcome move: On the free grains scheme under food security law

-The Hindu The Centre’s taking up the burden for free food grain distribution in 2023 will provide relief to States The Government has decided not to extend the Pradhan Mantri Garib Kalyan Anna Yojana, (PMGKY), a scheme that ran between April 2020 to December 2022 (except for a short period in between), and provided additional allocation of food grains, i.e., rice or wheat from the central pool at five kilograms a month...

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