Wheat crop loss likely to be 1-2 MT due to untimely rains, overall output to reach record level, says government

Wheat crop loss likely to be 1-2 MT due to untimely rains, overall output to reach record level, says government

The government on Friday said wheat production loss due to recent inclement weather is likely to be in the range of 1-2 million tonnes but overall production will reach a record 112.2 million tonne in the current year on higher acreage and yield. The government’s wheat procurement at minimum support price (MSP) is underway and … Read more

Economic Survey shows agribusiness has strong potential for growth, say experts

Economic Survey shows agribusiness has strong potential for growth, say experts

The Economic Survey 2023 shows that agribusiness continues to show strong potential for growth and enhancement of farmer livelihood, said analysts and corporates. They also added there is a need to give a fresh fillip to the development of storage and agri warehousing facilities which so far is largely fragmented with the majority of warehouses … Read more

Centre says sufficient grain stocks available to meet demands

Centre says sufficient grain stocks available to meet demands

The government has sufficient food grain stocks under the central pool to meet the requirement of the country’s food security program, additional allocation from PMGKAY, and other welfare schemes, informed the Central Government through a release on Saturday. About 159 lakh tonne of wheat and 104 lakh tonne of rice will be available as on … Read more

No action to control wheat prices yet: Food Secretary Sanjeev Chopra

No action to control wheat prices yet: Food Secretary Sanjeev Chopra

The government has ruled out any action to control wheat prices as it keeps a close watch on the price movement of the commodity. The price rise of the food grain is in tandem with the increase in the minimum support price (MSP) and general inflationary trends, said Sanjeev Chopra, secretary, the Department of Food. … Read more

Agriculture experts see a shift to mustard, lentils

Agriculture experts see a shift to mustard, lentils

Farmers will prefer to grow wheat, mustard and lentils (masur) for the 2023-24 rabi marketing season as prices of these crops were higher than their minimum support price (MSP) last year, said agriculture experts. “In Punjab and Haryana, farmers in the irrigated belt will choose to sow wheat while those that fall in the rainfed … Read more

Government’s wheat procurement down at 184.58 lakh tonnes so far

Government’s wheat procurement down at 184.58 lakh tonnes so far

The government has procured 184.58 lakh tonnes of wheat at a MSP value of Rs 37,192.07 crore so far in the ongoing 2022-23 rabi marketing year, benefitting 17.50 lakh farmers, the Food Ministry said on Monday. Total wheat purchases made by the Food Corporation of India (FCI) and state agencies are, however, much lower than … Read more

Term limits, new departments: Key decisions by Congress during 3-day Chintan Shivir

Term limits, new departments: Key decisions by Congress during 3-day Chintan Shivir

(This story originally appeared in on May 15, 2022) NEW DELHI: The Congress on Sunday adopted the ‘Udaipur Nav Sankalp Declaration’, a roadmap for wide-ranging reforms in the party organisation to make it battle-ready for the next round of assembly and Lok Sabha polls. Sunday was the last day of the three-day Chintan Shivir being … Read more

Congress calls for law guaranteeing MSP for crops, says want to make farmers ‘debt-free’

Congress calls for law guaranteeing MSP for crops, says want to make farmers ‘debt-free’

The Congress on Saturday called for enacting a law guaranteeing minimum support price (MSP) for crops and said its aim is to ensure that farmers are “debt-free”. Addressing a press conference on the second day of the ongoing ‘Chintan Shivir’, senior Congress leader and former Haryana chief minister Bhupinder Singh Hooda also said the party … Read more

Farmers sell wheat to private players on global demand, lesser yield

Farmers sell wheat to private players on global demand, lesser yield

With the rise in global demands of wheat, farmers across states are making a beeline to sell the produce to private players, instead of government procurement agencies, to earn a better remuneration. This has seen significant decline in government procurement in the current rabi season, which could lead to shortage of the essential commodity in … Read more

PMGKAY: Wheat allocation to be cut, rice to go up for beneficiaries

PMGKAY: Wheat allocation to be cut, rice to go up for beneficiaries

The government will increase allocation of rice and decrease that of wheat to beneficiaries under its free grains programme as part of efforts to ensure availability of wheat in the domestic market amid a forecast of reduced crop yield this year. Under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY), 800 million poor people are … Read more