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

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

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Wheat production | government of India | Summer

Press Trust of India  |  New Delhi 

Trade sources said wheat production in 2022-23 (FY23) could be lower than the estimated over 111 million tonnes (mt) due to a sudden and sharp rise in temperatures in some parts of North India.
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

The government has revised downwards the estimate for 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 .

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

India's 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.

The Centre has launched the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) to provide free foodgrains to over 80 crore beneficiaries covered under the National Food Security Act as part of its efforts to reduce the hardships of people during the coronavirus pandemic.

Under the scheme, the Centre provides 5 kilograms of foodgrains per person per month free of cost. The additional free grain is over and above the normal quota provided under the NFSA at a highly subsidised rate of Rs 2-3 per kg.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Wed, May 04 2022. 16:42 IST
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