Wheat procurement crosses 19.5 mt
Government's third advance estimate says 10% surge in rice production in 2008-09.
By PTI |
NEW DELHI: Wheat procurement has crossed 19.5 million tonne in the current season till Thursday against the targeted 15 million tonne, owing to record production and higher minimum support price of the foodgrain.
���Wheat procurement by government agencies has crossed 19.55 million tonne mark. The total wheat procurement last year was 11.13 million tonne,��� an official statement said. Punjab procured 97.02 lakh tonne (lt) and Haryana contributed 51.62 lt to the central pool till May 15.
The procurement in Uttar Pradesh stood at 18.31 lt, Madhya Pradesh 16.03 lt, Rajasthan 8.14 lt, Gujarat 2.56 lt and Bihar 1.23 lt.
The total procurement in Uttarakhand, Maharashtra, Jharkhand, Himachal Pradesh, Chandigarh and Delhi stood at 64,341 tonne.
The government has increased the minimum support price (MSP) of wheat to Rs 1,000 per quintal from Rs 750 a quintal to boost procurement. Wheat output is estimated at record 76.78 million tonne in 2007-08 season against 75.81 million tonne in the previous year.
Buoyed by higher procurement in the current marketing season, agriculture and food minister sharad pawar had announced early this week that government will not import wheat during this year.
Meanwhile, rice production is likely to rise by 5-10% in 2008-09 season as farmers will be induced to increase the area under crop due to high domestic prices and possility of diversion of some area from sugarcane, exporters said. ���Production of rice, including basmati and non-basmati, is expected to increase by 5-10%,��� All India Rice Exporters��� Association president Vijay Setia told reporters.
According to government���s third advance estimate, rice production is projected at 95.68 million tonne compared to 93.35 million tonne in the previous year.
Setia attributed the high price of rice in the domestic market and anticipation that there may be a shift of area from sugarcane as factors for likely increase in production.
The retail price of rice stood between Rs 12-22 a kg at major centres of the country, according to government data. Sugar industry is facing a glut from 2006-07 season, which has led to huge arrears to sugarcane farmers.
���Wheat procurement by government agencies has crossed 19.55 million tonne mark. The total wheat procurement last year was 11.13 million tonne,��� an official statement said. Punjab procured 97.02 lakh tonne (lt) and Haryana contributed 51.62 lt to the central pool till May 15.
The procurement in Uttar Pradesh stood at 18.31 lt, Madhya Pradesh 16.03 lt, Rajasthan 8.14 lt, Gujarat 2.56 lt and Bihar 1.23 lt.
The total procurement in Uttarakhand, Maharashtra, Jharkhand, Himachal Pradesh, Chandigarh and Delhi stood at 64,341 tonne.
The government has increased the minimum support price (MSP) of wheat to Rs 1,000 per quintal from Rs 750 a quintal to boost procurement. Wheat output is estimated at record 76.78 million tonne in 2007-08 season against 75.81 million tonne in the previous year.
Buoyed by higher procurement in the current marketing season, agriculture and food minister sharad pawar had announced early this week that government will not import wheat during this year.
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Meanwhile, rice production is likely to rise by 5-10% in 2008-09 season as farmers will be induced to increase the area under crop due to high domestic prices and possility of diversion of some area from sugarcane, exporters said. ���Production of rice, including basmati and non-basmati, is expected to increase by 5-10%,��� All India Rice Exporters��� Association president Vijay Setia told reporters.
According to government���s third advance estimate, rice production is projected at 95.68 million tonne compared to 93.35 million tonne in the previous year.
Setia attributed the high price of rice in the domestic market and anticipation that there may be a shift of area from sugarcane as factors for likely increase in production.
The retail price of rice stood between Rs 12-22 a kg at major centres of the country, according to government data. Sugar industry is facing a glut from 2006-07 season, which has led to huge arrears to sugarcane farmers.
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