wheat manufacturing: Govt revises wheat manufacturing estimate downwards to 105 mn tonnes for 2021-22 crop yr

The federal government has revised downwards the estimate for wheat manufacturing by 5.7 per cent to 105 million tonnes within the 2021-22 crop yr ending June from the sooner projection of 111.32 million tonnes, because the crop productiveness has been affected because of the early onset of summer time. Addressing a press convention, Meals Secretary Sudhanshu Pandey stated the agriculture ministry has revised the wheat manufacturing estimate downwards to 105 million tonnes for the 2021-22 crop yr from 111.3 million tonnes earlier.

India’s wheat manufacturing stood at 109.59 million tonnes within the 2020-21 crop yr (July-June).

The reducing of estimates has been attributed to “early summer time”.

Pandey, nevertheless, stated there isn’t a case for controlling exports of wheat.

The federal government’s wheat procurement is anticipated to fall to 19.5 million tonnes within the 2022-23 advertising yr (April-March), a lot decrease than the final yr, attributable to a number of elements, together with larger market costs of wheat in some states in comparison with the minimal assist value (MSP), shares being held by farmers and merchants in anticipation of additional value rise and decrease manufacturing than estimated in some states.

Pandey stated the federal government has allotted 55 lakh tonnes of extra rice instead of wheat to states for distribution below the federal government’s free ration scheme PMGKAY.

The Centre has launched the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) to supply free foodgrains to over 80 crore beneficiaries coated below the Nationwide Meals Safety Act as a part of its efforts to scale back the hardships of individuals in the course of the coronavirus pandemic.

Beneath the scheme, the Centre supplies 5 kilograms of foodgrains per individual per 30 days freed from price. The extra free grain is over and above the traditional quota offered below the NFSA at a extremely subsidised fee of Rs 2-3 per kg. PTI LUX MJH BAL