Out of the total procurement, Punjab contributed 32,16,668 tonnes, Haryana 27,76,496 tonnes and Madhya Pradesh 8,98,679 tonnes
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
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?
Gains for farmers, but retail and wholesale inflation likely to be impacted
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
New crop trading at Rs 100-300/quintal above MSP in many MP, Gujarat markets
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
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
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.
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
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, 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
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
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
MSPs of lentil (masoor), gram, barley, safflower and mustard/rapeseed have been increased
The first of a two-part series looks at the problems cultivators are facing during the pandemic
For the month ahead mustard prices are expected to head towards Rs 4,400
Adityanath-led government is targetting procurement of 5.5 million tonnes of wheat
Shortage of jute bags, 100-trolley rule among several issues farmers, who are being forced to stand in long queues, awaiting their turn to sell
Shortage of labour with expertise to plant paddy has prompted the state to encourage farmers to grow less labour-intensive crops