Page 4 - Wheat Msp

No adverse impact of wheat ban on farmers; domestic prices above MSP: Tomar

Neither there is a wheat crisis in the country, nor an adverse impact of export ban of the commodity on farmers' income, agriculture minister Narendra Singh Tomar informed Parliament on Friday. Domestic wheat prices are ruling above Minimum Support Price (MSP) even after the export ban, he said. Tomar, in his written reply to a question in the Rajya Sabha, said the country's wheat production is pegged at 106.41 million tonnes in 2021-22 according to the government's third advance estimate. The government's third wheat estimate is slightly lower than previous year, but the minister said it is above the average annual wheat production of 103.89 million tonnes achieved during the last five years since 2016-17. In 2020-21, the country's wheat production stood at 109.59 million tonnes. According to the minister, "There is no wheat crisis in the country, as India produces wheat more than its domestic requirement." In order to manage the overall food security of the country and to suppo

Govt procures 187.8 lakh tonnes of wheat so far at MSP costing Rs 37,852 cr

Food Corporation of India (FCI), nodal agency for procurement and distribution of foodgrains, has purchased 187.86 lakh tonnes of wheat so far at Minimum Support Price (MSP) for Rs 37,852.88 crore.

Govt procures 6.92 mn tonnes wheat at MSP for nearly Rs 14,000 cr

Out of the total procurement, Punjab contributed 32,16,668 tonnes, Haryana 27,76,496 tonnes and Madhya Pradesh 8,98,679 tonnes

FY23 wheat stock may be robust despite exports, free grain scheme extension

However, traders say if free foodgrains scheme goes beyond September and there is another Covid wave that requires more relief, then the closing stock position could turn precarious

Will India seize wheat export contracts missed by Russian-Ukraine?

With two major wheat exporters locked in a war, the world is now looking for countries that can fill the void. Will India be able to rise to the occasion? Can it overcome the logistical bottlenecks?

Ukraine crisis: Most crops trade above MSP save chana and some other pulses

Gains for farmers, but retail and wholesale inflation likely to be impacted

Ukraine crisis: Farmers registering to sell wheat at MSP in MP down by 17%

Around 1.98 million farmers have applied to sell wheat to govt agencies this year, against around 2.4 million during the same period last year

FY23 wheat exports could reach 10 mt if Russia-Ukraine crisis persists

New crop trading at Rs 100-300/quintal above MSP in many MP, Gujarat markets

Food Corporation at the crossroads as grain oversupply meets flat demand

Govt's food storekeeper is procuring twice the quantity national welfare schemes need. It is aware of the problem, and may soon find newer ways to dispose available stocks

Centre raises wheat MSP for 2022-23 by 2%; Mustard and lentil top MSP rise

Hikes are in line with long-standing govt policy of encouraging oilseeds and pulses cultivation to meet rising demand and deter farmers from growing wheat and rice which are already in abundance

Govt hikes wheat MSP by Rs 40 to Rs 2,015 per quintal for 2021-22 crop year

The government on Wednesday hiked the minimum support price for wheat by Rs 40 to Rs 2,015 per quintal and for mustard seed by Rs 400 to Rs 5,050 per quintal for the current crop year.

What did FCI do differently this season to push wheat procurement?

Experts point to three major initiatives that led to a bumper purchase and laid the foundation for deeper and more structural reforms in the annual grain procurement process

Govt MSP purchases chiefly driven by poor market prices the past few years

In other words, it is political compulsion, not political expediency, that has prompted the Centre to lift higher quantities of grain, pulses and other farm commodities

Punjab's real problem: The loss of its entrepreneurial impulse

Punjab, once India's richest state, has slipped and fallen behind. It needs to get off the paddy-wheat-MSP high and rediscover its entrepreneurial impulse

Procurement: A much-used tool to further the interests of political parties

One govt after another has been reaching out to the farmer just ahead of crucial polls, offering remunerative prices for his crops in a bid to score electoral victories

Weighing the pros and cons of the call for making MSP a legal right

Making purchases below the minimm support price unlawful might at best help a limited set of farmers, but it could also end up hurting a large section of the population

Govt hikes MSP for wheat, five other rabi crops amid protests on farm bills

MSPs of lentil (masoor), gram, barley, safflower and mustard/rapeseed have been increased

Kharif sowing: Labour shortage in Punjab, abundance in UP amid Covid-19

The first of a two-part series looks at the problems cultivators are facing during the pandemic

Commodity picks: 4 May, 2020

For the month ahead mustard prices are expected to head towards Rs 4,400

UP govt to borrow Rs 2,000 cr for paying farmers during wheat procurement

Adityanath-led government is targetting procurement of 5.5 million tonnes of wheat