India On Track to Surpass Last Year’s Wheat Procurement Record

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India is poised to surpass last year’s record in wheat procurement, showcasing a significant increase in agricultural productivity. The nation’s commitment to bolstering its wheat reserves has led to positive outcomes, demonstrating its capacity to meet the demands of its citizens and beyond. – wheat procurement target in up

Record-Breaking Wheat Procurement

The surge in wheat procurement can be attributed to various factors, including favorable weather conditions, strategic agricultural initiatives, and the diligent efforts of farmers across the country. With meticulous planning and execution, India has strategically positioned itself to exceed expectations in wheat procurement this year.

Implications for the Agricultural Sector

The substantial rise in wheat procurement not only signifies a successful harvest but also underscores the resilience and adaptability of India’s agricultural sector. By setting new records and surpassing previous benchmarks, India is paving the way for sustained growth and stability in the agricultural domain. Told te ex official to AIRRNEWS . – wheat procurement target in up

Madhya Pradesh Running Behind

Efforts are underway to understand the reasons behind the reduced procurement in Madhya Pradesh, which is unlikely to meet its initial target of 80 lakh tonnes. Despite significant increases in procurement in Uttar Pradesh and Rajasthan, their combined contribution to the central pool is only about 18 lakh tonnes, far below the expected 50 lakh tonnes from UP, Rajasthan, and Bihar. The procurement period in UP is likely to be extended until June to allow more farmers to benefit from the Minimum Support Price Madhya Pradesh, experiencing a nearly 33% decrease in procurement compared to last year, has extended its procurement period to May 31. Meanwhile, Punjab and Haryana have recorded higher purchases than last year, with totals of 124 lakh tonnes and 71.4 lakh tonnes, respectively, finds AIRRNEWS in its research. – wheat procurement target in up

Strengthening Food Security

As India prepares to surpass last year’s wheat procurement record, the country is strengthening its food security measures and ensuring a consistent supply of essential commodities. This achievement not only benefits the nation internally but also contributes to global food security, highlighting India’s role as a key player in the agricultural landscape. Officials from the Food Corporation of India (FCI) remain confident that total procurement will reach 270 lakh tonnes. “The current level of procurement and the stock that we have will be more than sufficient to meet the food security requirement of providing free food grain to 80 crore poor under the PM Garib Kalyan Yojna and other welfare schemes.”  Finds AIRRNEWS while talking to an EX official. 

Conclusion

India’s imminent feat of surpassing last year’s wheat procurement record is a testament to the nation’s unwavering commitment to agricultural excellence. With a blend of innovation, perseverance, and strategic planning, India continues to set new benchmarks and inspire growth in the agricultural sector. As the nation embarks on this remarkable journey, the future looks promising, heralding a new era of agricultural prosperity and abundance. Given the current procurement levels, it is unlikely that the government will lift the restriction on wheat exports this year. Additionally, it remains uncertain whether the Centre will revert to the previous wheat-rice allocation ratio that was changed in May 2022 due to reduced procurement and record exports that year. For updates stay tuned with AIRRNEWS.

  • Will it be achievable for India?
  • How Ukrain & Russia war is effecting wheat market?
  • Shall India be able to take advantage of global foodgrain crisis?
  • How long should more than 80 Crore people will get benefited?
  • How shall agencies manage such huge targets in time? 

#WheatHarvest2021, marking a significant #AgriculturalMilestone for #IndianFarmers. The success of #IndiaWheatProcurement contributes to bolstering #FoodSecurityIndia and strengthens the nation’s #GrainProcurement capabilities. Despite challenges like the ongoing #Ukraine-Russia war, regions like #MadhyaPradesh witness remarkable #HarvestSuccess, leading to increased #WheatProduction and highlighting #FarmersAchievement#airrnews

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