The report says that judicious use of trade policy is needed to tame inflation at home without hurting farmer earnings
The government has procured 41 lakh tonne wheat at the minimum support price directly from farmers so far in the ongoing 2023-24 marketing year (April-March), down 18 per cent from the year-ago period, a top FCI official said on Monday. Speaking to PTI, Food Corporation of India (FCI) Chairman and Managing Director Ashok K Meena said the procurement has been less due to delay in harvesting and lower arrivals in mandis especially in Punjab, Haryana, Uttar Pradesh and Rajasthan because of the recent unseasonal rains. The untimely rains had led to damage to the crop in some parts of the wheat-growing states, thus deteriorating the quality of the grain in few places. However, the government has eased procurement norms for wheat in five states -- Uttar Pradesh, Punjab, Haryana, Madhya Pradesh and Rajasthan -- in the interest of farmers, he said. "Wheat procurement has reached 41 lakh tonne till April 16 of the current marketing year, slightly lower than 50 lakh tonne in the year-ago ...
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
In MP, farmers say sales under new 'Sauda Patrak' method below MSP; Haryana mustard farmers wait for their turn to sell
Prices crashed to Rs 1,400 a quintal (fair average quality) against its MSP of Rs 1,600 a quintal