by admin | May 25, 2021 | Commodities, Commodities News, Economy, Markets, News
Chandigarh : The Haryana government has made arrangements for the procurement of 80 lakh tonnes of wheat in the current Rabi season, a senior officer said on Monday.
The wheat will be procured at the minimum support price (MSP) of Rs 1,735 per quintal.
The procurement target is set higher than the 74.25 lakh quintal tonnes of wheat procured in the season last year.
The Agriculture Department has estimated the production of wheat at about 117.80 lakh tonnes this time.
Additional Chief Secretary, Food, Civil Supplies and Consumer Affairs Department Ram Niwas told media here on Monday that the Reserve Bank of India has made Rs 4,900 crore available for payment for the procurement of wheat.
He said that arrangements have been made in 383 grain markets for the wheat procurement.
Neighbouring Punjab has set a target of wheat procurement of 130 lakh tonnes.
—IANS
by admin | May 25, 2021 | Commodities, Commodities News
Chandigarh : The Punjab cabinet, chaired by Punjab Chief Minister Amarinder Singh, on Saturday approved the policy for smooth procurement of 130 lakh tonnes of wheat during the forthcoming Rabi Marketing Season 2018-19, an official said.
The procurement of wheat will officially begin on April 1. Bulk of wheat arrival will take place after Baisakhi (April 13).
The cabinet directed officials concerned to ensure timely payment to the farmers at the Minimum Support Price (MSP) of Rs 1,735 per quintal as fixed by the Central government.
A spokesperson of the Chief Minister’s Office said elaborate arrangements had been made to procure 130 lakh tonnes of wheat by six procurement agencies, including Food Corporation of India and five agencies of the Punjab government as per allocated target during the season.
The two-month long procurement season will end on May 31.
A total of 1,835 mandis have been notified for the smooth procurement of wheat, the spokesperson said.
Agrarian state Punjab, known as the ‘Green Revolution’ state, contributes nearly 50 percent food grains (wheat and rice) to the national kitty despite having just 1.54 percent of the country’s geographical area.
—IANS
by admin | May 25, 2021 | Commodities, Commodities News, Commodity Market, Investing, News, Politics
By Saurabh Katkurwar,
New Delhi : Wheat production in the country could this year achieve the long-cherished target of 100 million tonnes (MT), thanks to the conducive climatic conditions throughout the season, especially in March when the grain ripens.
If farmers and scientists are to be believed, climatic conditions in the major wheat-producing states of Punjab, Haryana, Madhya Pradesh and Uttar Pradesh are favourable, availability of water is sufficient and pest attacks are relatively negligible.
The Union Agriculture Ministry has predicted 97.11 million tonnes of wheat production this year in its second advanced estimates, issued last month.
However, the output would be over 100 million tonnes due to a consistent level of suitable conditions in every aspect for the crop, said G.P. Singh, Director, Indian Institute of Wheat and Barley Research (IIWBR).
“The climate has been conducive this year and pest attacks, including yellow rust, have been reported in very few pockets. The grain filling (ripening) process is at a good pace owing to optimum temperature. So total production certainly would be over 100 million tonnes,” Singh told IANS.
Union Agriculture Secretary Shobhana Pattanayak also said the government was sure of better production this year.
“Last year, the output was 98.51 million tonnes. This year it will be more than that. But they (IIWBR scientists) are saying it will cross 100 million tonnes,” Pattanayak told IANS.
In 2016-17, the ministry had predicted output of 96.64 million tonnes in its second advanced estimates, but the actual production was 98.51 million tonnes despite a sudden surge in temperature in mid-March.
This March, the temperature is expected to remain below 30 degrees Celsius, which would ensure bumper production, Singh said.
An important constituent of the Indian Council of Agricultural Research (ICAR), the IIWBR is a nodal agency for wheat and barley research activities in the country.
Notably, the area under wheat cultivation has reduced to 30.07 million hectares in 2017-18 from 31.78 million hectares in 2016-17.
The possible reason could be delayed sowing this year due to the stern measures taken by the government against stubble burning, besides increase in areas under cultivation of cotton and summer rice.
Singh said wheat harvesting had already started in Gujarat and Madhya Pradesh and it would start in western Rajasthan in the next few days, while the reaping process in Punjab and Haryana would start early in April.
Manoj Munjal, who has cultivated wheat on 150 acres in Taraodi village of Karnal district, confirmed the expectation of a bumper harvest this year.
“Temperature has gone up by a few degrees but it is still below 30, which is good for grain filling process. Farmers in our area are likely to start reaping by April 13,” Munjal said.
The Food Ministry has decided to procure 32 million tonnes this year, including 11.9 million tonnes from Punjab, 7.4 million tonnes from Haryana, 6.7 million tonnes from Madhya Pradesh and four million tonnes from Uttar Pradesh.
The centre has announced Rs 1,735 per quintal as the Minimum Support Price (MSP) for wheat this year.
According to government data, India’s share in global wheat production was recorded at 15.36 per cent in 2017-18, with China being the leading wheat producing country, followed by India and Russia.
Nepal, Bangladesh and the UAE are the top export destinations for wheat from India.
(Saurabh Katkurwar can be contacted at saurabh.k@ians.in)
—IANS
