Page 3 - Wheat Procurement News Today

India News: The Indian government is set to review rice and wheat distribution to 80 crore beneficiaries under PMGKAY, based on robust wheat procurement. Procurem

Rising wheat prices forced the government to sell record quantities to boost local supplies

The Indian government has indefinitely extended the requirement for the wheat industry to declare their stock positions, which was initially set to expire on March 31. Traders, wholesalers, retailers, and processors are mandated to declare their stocks on a portal every Friday starting from April 1 until further notice.

The recent procurement of wheat is attributed to the advancement of procurement period by more than a fortnight

Government pushes Bharat brand staples to curb food inflation, targeting consumers ineligible for free foodgrains. Quality control measures planned. Bharat products cheaper and sold directly to consumers, including through ecommerce and retail stores.

India News: CHANDIGARH: Former Chief Minister and Leader of Opposition Bhupinder Singh Hooda has said on Wednesday that the BJP government is deliberately pushing.

Taking action on the matter, the Sindh Food Department has suspended three food officers. The suspended officials include the district food controller in Khairpur, food supervisor in charge and food inspector.

The Food Corporation of India (FCI) has reported a decrease in wheat stocks, falling below 100 lakh tonnes for the first time since 2018. However, rice stocks held by FCI currently exceed four times the buffer norm. Despite the drop in wheat stocks, the current level remains above the statutory buffer stock requirement. FCI anticipates a notable improvement in wheat procurement this year.

The target was fixed after a deliberation with state food secretaries in a meeting chaired by Union Food Secretary Sanjeev Chopra in the national capital on Wednesday.

In the crop year 2021-22 (July-June), the wheat production stood at 107.74 million tonnes. During 2023-24, the production of Rapeseed and Mustard is pegged at 12.69 million tonnes.