Government committed to control wheat prices

10-Jun-2025 08:24 PM

New Delhi. The Union Agriculture Ministry has estimated the domestic production of wheat to increase from 1132.90 lakh tonnes in the 2023-24 season to an all-time high of 1175.10 lakh tonnes in the 2024-25 Rabi season.

Based on this, the Food Ministry thinks that there is more than enough stock of wheat in the country and hence there is no scope for its prices to rise.

But when the price of wheat started increasing from the last week of May, the Food Ministry immediately took necessary precautionary steps and implemented the order of storage limit on this important food grain. To some extent, the psychological effect of this order is also being seen on the wheat market.

The government had a stock of more than 364 lakh tonnes of wheat on June 5, which is sufficient for supply in other welfare programs including Pradhan Mantri Garib Kalyan Anna Yojana.

At least 75.80 lakh tonnes of wheat stock should be available in the central pool on April 1, 2026. This stock will also remain saved.

Apart from this, the government will also have the facility to unload 50-60 lakh tonnes of wheat from its reserves under the Open Market Sale Scheme (OMSS).

But before starting this scheme, the government would like to see traders / stockists unloading wheat in the market so that there is less pressure on the government stock. This will help in increasing the supply and availability of wheat in the market and controlling prices.