Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Access Denied Sports
  • Access Denied World
  • 10 Woman MPs Pen Letters To Share Memories Of Old Parliament
    10 Woman MPs Pen Letters To Share Memories Of Old Parliament Nation
  • New MCC Rule That May Have Helped Virat Kohli Score His 48th ODI Ton – Explained
    New MCC Rule That May Have Helped Virat Kohli Score His 48th ODI Ton – Explained Sports
  • Access Denied
    Access Denied Nation
  • LIC launches three new plans
    LIC launches three new plans Business
  • Iron Mirage claims the Y. Shanker Rao Memorial Deccan Colts Championship
    Iron Mirage claims the Y. Shanker Rao Memorial Deccan Colts Championship Sports
  • India vs Sri Lanka Live Score Ball by Ball, Asia Cup 2023 Live Cricket Score Of Today's Match on NDTV Sports
    India vs Sri Lanka Live Score Ball by Ball, Asia Cup 2023 Live Cricket Score Of Today's Match on NDTV Sports Sports
Centre aims seven-fold jump in wheat procurement from Uttar Pradesh, Rajasthan, Bihar this year

Centre aims seven-fold jump in wheat procurement from Uttar Pradesh, Rajasthan, Bihar this year

Posted on April 5, 2024 By admin


Amid the heat of the ongoing Lok Sabha electioneering, the Centre has announced plans to significantly increase wheat purchase from non-traditional States of Uttar Pradesh, Rajasthan and Bihar and set a target of seven-fold jump in procurement to 50 lakh tonnes in the ongoing 2024-25 marketing year.

Further, even as the ban on outbound shipments of wheat continues, “it will be a dream for us to export now”, Food Secretary Sanjeev Chopra told reporters on April 4.

“U.P., Bihar, and Rajasthan have been contributing much less than they could have. We are targeting total wheat procurement of 310 lakh tonne this year. Of which, we are hoping to procure at least 50 lakh tonne from three non-traditional procurement States alone,” he said.

While Uttar Pradesh, Rajasthan, and Bihar put together contributed only 6.7 lakh tonnes to the Central pool during the 2023-24 marketing year (April-March), the Union Food Ministry has decided to procure 16% of the total wheat procurement target of 310 lakh tonne set for 2024-25. Wheat procurement at Minimum Support Price (MSP) is normally undertaken by the Centre’s nodal agency Food Corporation of India (FCI) and State agencies. However, cooperatives Nafed and NCCF have also been roped in with a procurement target of five lakh each this year.

Wheat MSP has been fixed at ₹2,275 per quintal for the current year. Since October, the Centre has been working with these three States to increase the procurement level. “Various steps have been taken to address the gaps and it should help boost procurement levels in three States,” he said.

Asserting that 2024 general elections is unlikely to affect wheat procurement operations, the Secretary said the increase in wheat procurement from non-traditional States will help restore allocation of wheat under the Pradhan Mantri Garib Kalyan Anna Yojana and other welfare schemes.

“The allocation of wheat has been reduced to 184 lakh tonnes annually from the previous 230-240 lakh tonnes under various welfare schemes in view of lower procurement in the last two years,” he added.

Mr. Chopra also said the Centre has not directed traders to avoid buying wheat from farmers till the government completes procurement. “No such instruction has been given to traders,” he added.

Highlighting steps taken to strengthen wheat procurement in non-traditional States, the Secretary said the procurement window has been advanced/extended to March instead of April 1, set up a dedicated farmer helpline to address procurement-related queries, intensified media publicity of MSP rate, and drying facilities have been provided for early harvested crop.

Besides, the government has advanced farmer registration from January 1 instead of March 1, simplified farmers’ land record verification, including tenant farmers, given flexible procurement targets to agencies.

More importantly, the Secretary said the government has decided to ensure transfer of MSP to bank accounts of farmers within 48 hours, streamlined procurement incidental burden for farmers, smoothened banking-related issues such as Aadhaar integration with bank accounts.

“The government has also opened more procurement centres targeting production hotspots, set up mobile procurement centres, decide to leverage Self Help Groups, Panchayats, Farmer Producer Organisations,” he said.

“That apart, the government has ensured institutional preparedness through working capital to agencies to ensure payment of MSP to farmers within 48 hours,” he added.

The Secretary further mentioned that a Central control room has been set up in the FCI headquarters in Delhi for real-time monitoring of procurement ad coordination among various agencies.

According to the Food Ministry, six lakh tonnes of wheat have already been procured so far this year from six States — Uttar Pradesh, Madhya Pradesh, Rajasthan, and Bihar. The procurement from traditional States of Punjab and Haryana will begin soon.

On prices of wheat and rice, the Secretary said wheat flour and wheat prices are stable at present after introduction of retail sale of wheat flour at ‘Bharat’ brand. About 7.06 lakh tonne of wheat flour has been sold till now.

“Even retail inflation of rice remained stable at 13% and 14% for the last two months. About 3.1 lakh tonne of FCI rice has been sold under Bharat brand since February,” he added.

Asked if the government will revisit the wheat export ban amid estimates of higher production, the Secretary said, “It’s a dream for us to export now.” The government has banned wheat exports since May 2022 to boost domestic availability and check prices.

The wheat production is estimated to be a record 112 million tonne during 2023-24, compared to last year’s 110 million tonnes as per the Agriculture Ministry.



Source link

Business Tags:FCI, Food Corporation of India, Food Secretary, minimum support price, MSP, NAFED, nccf, Pradhan Mantri Garib Kalyan Anna Yojana, procurement of wheat, Sanjeev Chopra, Union Food Ministry, wheat procurement

Post navigation

Previous Post: Rape Survivor Stopped From Taking Class 12 Boards By Rajasthan School
Next Post: Sunrisers Hyderabad vs Chennai Super Kings Predicted Playing XIs, IPL 2024: No Changes For SRH; No Mustafizur Rahman For CSK

Related Posts

  • Accenture scraps diversity and inclusion goals, memo says
    Accenture scraps diversity and inclusion goals, memo says Business
  • Dr. Reddy’s biosimilar of Roche’s cancer drug gets EMA panel nod
    Dr. Reddy’s biosimilar of Roche’s cancer drug gets EMA panel nod Business
  • Germany’s Lufthansa says will slash 4,000 jobs by 2030
    Germany’s Lufthansa says will slash 4,000 jobs by 2030 Business
  • Rupee rises eight paise to 82.99 against U.S. dollar in early trade
    Rupee rises eight paise to 82.99 against U.S. dollar in early trade Business
  • GST revenues in August hit three-month low at ₹1.59 lakh crore
    GST revenues in August hit three-month low at ₹1.59 lakh crore Business
  • Jubilant Pharmova’s sterile injectable manufacturing arm commissions 2 million new line in U.S. 
    Jubilant Pharmova’s sterile injectable manufacturing arm commissions $132 million new line in U.S.  Business

More Related Articles

Markets decline amid West Asia conflict, concerns over possible U.S. interest-rate hike Markets decline amid West Asia conflict, concerns over possible U.S. interest-rate hike Business
Access Denied Business
China Deepens Review of Meta’s Landmark $2 Billion Manus Buyout Business
Access Denied Business
Access Denied Business
Congress flags ‘procedural irregularities’ in Lok Sabha Congress flags ‘procedural irregularities’ in Lok Sabha Business
SiteLock

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Case against Keralam MLA Najeeb Kanthapuram for blocking court-ordered attachment
  • Houthi attack on Saudi oil giant raises global energy concerns
  • Rolls-Royce welcomes U.K. trade deal, but India price impact remains uncertain
  • Why is there opposition against setting up foreign universities in Tamil Nadu? | Explained
  • A search for BLOs during ECI’s special camps

Recent Comments

  1. Bryanloono on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Bryanloono on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. Bryanloono on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. WalterBoumn on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. ShawnFeach on UP Teacher Who Asked Students To Slap Muslim Classmate
  • North Korea can talk to U.S. if it stops insisting on denuclearisation, Kim says
    North Korea can talk to U.S. if it stops insisting on denuclearisation, Kim says World
  • FIFA backs Infantino, apologises for World Cup privatisation plan
    FIFA backs Infantino, apologises for World Cup privatisation plan Sports
  • Access Denied World
  • Access Denied Business
  • Daily Quiz | On Iceland
    Daily Quiz | On Iceland World
  • Seven workers killed in terrorist attack in Gwadar port: police
    Seven workers killed in terrorist attack in Gwadar port: police World
  • Manu Bhaker Aims For Multiple Olympic Medals
    Manu Bhaker Aims For Multiple Olympic Medals Sports
  • From District To Global Level, Jay Shah Does The Hard Yards
    From District To Global Level, Jay Shah Does The Hard Yards Sports

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Associate Journalists
1. Subrata Paul - AN/2020/01
2. Quamruz Zaman - AN/2021/22
3. Ahmed Sha - AN/2021/035
4. Ajay Kumar Shaw - AN/2021/39
5. Tahqiqul Hoda - AN/2021/21

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.