Centre extends wheat procurement season

New Delhi, May 15 (Mayank Nigam) The Centre has asked wheat producing states and UTs with procurement closing dates expiring early to continue procurement till May 31, 2022, an official statement said on Sunday. The Ministry of Food and Public Distribution and Consumer Affairs has also directed FCI to continue with wheat procurement under the central pool. The extended period is expected to benefit farmers. The decision comes in the wake of requests by state governments/UTs to continue the procurement process. Meanwhile, the procurement of wheat under central pool is progressing smoothly in Rabi Marketing Season 2022-23, in Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttarakhand, Himachal Pradesh, J&K, Gujarat, Bihar and Rajasthan.

The wheat procurement under central pool has been less during ensuing RMS 2022-23 corresponding to previous RMS 2021-22, mainly due to the higher market prices than MSP, wherein farmers have been selling wheat to private traders. The central government had on May 13 decided to restrict export of wheat to rein in high prices of wheat, except in case of irrevocable letter of credit and requests from neighbouring/food-deficit countries. Up to May 14, 2022, a total quantity of 180 LMT (corresponding purchase of 367 LMT during RMS 2021-22) of wheat has been procured, benefiting about 16.83 lakh farmers with MSP value of Rs.36,208 crore, the statement added.