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Govt took big decision for wheat, farmers will get the benefit

Wheat

According to the government, wheat procurement has surpassed last year’s entire procurement level and has reached 195 lakh tonnes so far in the current marketing year, which began in April. According to a government statement, the total amount of wheat purchased during RMS 2023–24 has already surpassed that of Rabi Marketing Season 2022–23. The marketing period for the Rabi month is from April to March, however, major purchasing happens from April to June.

Statement from the government

According to the announcement, 188 lakh tonnes of wheat were purchased during the rabi marketing season 2022–2023 and 195 lakh tonnes were purchased during the rabi marketing season 2023–2024 as of April 26, 2023.

Wheat news update – Farmers will gain significantly.

Farmers have reportedly benefited greatly, according to the statement. MSP (Minimum Support Price) of around Rs 41,148 crore has already been provided to approximately 14.96 lakh farmers during the present wheat procurement activities.

The three states that produce wheat

Punjab, Haryana, and Madhya Pradesh have contributed significantly to this acquisition with purchases of 89.79 lakh tonnes, 54.26 lakh tonnes, and 49.47 lakh tonnes, respectively. The statement noted that the Government of India’s easing of the quality requirements of the wheat being purchased in light of the reduction in brightness owing to unseasonal rainfall is one of the primary factors contributing to the increased procurement this year.

The central government purchases paddy

For better access, the government has enabled all the states to open additional procurement centers through cooperatives, village panchayats, arhtiyas, etc. in addition to the ones that already exist at the village and panchayat levels. Additionally, paddy procurement is proceeding without any problems.

According to the Food Ministry

354 lakh tonnes of rice have been purchased during the Kharif Marketing Season 2022–2023 through April 26, 2023, while 140 lakh tonnes are yet to be purchased. From October through September of the following year is the Kharif marketing season. According to the Food Ministry, the combined stock of wheat and rice in the central pool has exceeded 510 lakh tonnes, putting the nation in a comfortable position to meet its needs for food grains.

Read more: Government took this big decision after old pension

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