Government Sets Ambitious 30 MT Wheat Procurement Target for 2025-26
Wheat Procurement Target for 2025-26
The Indian government has announced a wheat procurement target of 30 million tonnes for the 2025-26 rabi marketing season. This decision aligns with the Agriculture Ministry’s forecast of a record wheat production of 115 million tonnes for the 2024-25 crop year, spanning from July to June.Wheat Procurement to Begin in April
The procurement process will kick off in April, with the government setting the minimum support price (MSP) for wheat at $0,29 per kg. This target was finalized after consultations with state food secretaries, aiming to balance farmer income support with the country’s public distribution needs.Supporting Farmers and Stabilizing Markets
The Food Corporation of India (FCI) and state agencies play a vital role in wheat procurement. These efforts ensure farmers receive fair prices for their crops while maintaining sufficient stock for government welfare programs. This dual approach helps stabilize the market and supports food security initiatives.Wheat Procurement Trends in Recent Years
In the 2024-25 season, wheat procurement reached 26.6 million tonnes, a slight improvement over the 26.2 million tonnes in 2023-24. However, these figures fell short of the 30-32 million tonne target for that year and remained well below the 34.15 million tonnes achieved in 2022-23.Challenges in Meeting Procurement Goals
Despite the projection of record wheat production, the government has set a conservative procurement target for 2025-26. Past seasons have highlighted challenges such as logistical hurdles and fluctuating market dynamics, which often impact procurement outcomes.Focus Areas for the 2025-26 Season
The upcoming procurement season will be crucial for stabilizing wheat prices and ensuring food security across the country. Efficient coordination by the FCI and state agencies will be essential, particularly in major wheat-producing states like Punjab, Haryana, and Uttar Pradesh.With a bumper harvest on the horizon, the government’s focus remains on streamlining procurement operations to benefit farmers while ensuring adequate supplies for welfare programs.
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