Economy & Business

    Centre estimates wheat procurement at 320 lakh tonne wheat, paddy 100 lakh tonne

    The Hawk
    February29/ 2024
    Last Updated:

    Discussion on procurement arrangements for Rabi and Kharif crops, estimation of wheat and paddy procurement, emphasis on millets for nutrition, and adoption of AgriStack portal for transparency in MSP procurement.

    wheat procurement

    New Delhi [India]: The Department of Food and Public Distribution held a meeting with the food secretaries of the states here in the national capital to discuss the procurement arrangements for Rabi crops for 2024-25 and Kharif crops of 2023-24.
    The Secretary chaired the meeting held on Wednesday.

    Various factors impacting procurement such as forecast of weather conditions, production estimates, and readiness of States were reviewed, as per a ministry release put out on Thursday.
    After deliberations, the estimates for wheat procurement during ensuing marketing season 2024-25 were fixed in the range of 300-320 lakh tonne. Similarly, the estimates for paddy procurement in term of rice during 2023-24 (Rabi Crop) were fixed in the range of 90-100 LMT.
    A quantity of around 6.00 lakh tonne of coarse grains /millets (Shri Anna) has also been estimated for procurement by the States during 2023-24 (Rabi crop). States and UTs were advised to focus on procurement of millets for diversification of crops and enhanced nutrition in dietary patterns.
    Ministry of Agriculture and Farmers Welfare presented their evaluation study on Digital Maturity of State MSP procurement applications. State Governments were advised to adopt or improvise their existing applications in line with the standard and core features of AgriStack portal, for bringing about transparency and efficiency in the procurement system, before start of KMS 2024-25.
    This meeting comes at a time when the agitating farmers from Punjab have raised various demands including an ordinance on ensuring legal guarantees for MSPs, besides a series of other demands.
    MSP stands for Minimum Support Price. It is the minimum rate at which farmers sell their crops to the government, giving them a sort of income assurance.
    In one of the several round of talks with the farmer leaders, a panel of three Union Ministers proposed that government agencies would buy pulses, maize and cotton at the MSP for five years. However, the farmer leaders part of the meeting refused the proposal, saying it was not in favour of farmers.