Government procurement of wheat expected to be better than last year

29-Mar-2025 02:27 PM

🌾 Government Procurement of Wheat Expected to Improve in 2025

📍 New Delhi, India – The Indian government is preparing for higher wheat procurement in 2025 as domestic production is set to reach a record 1154.30 lakh tonnes 🌾📈.

🔹 Key Highlights

📌 Procurement Targets & Trends:

  • 2025 Target: 310 lakh tonnes 🎯

  • 2024 Procurement: 266 lakh tonnes

  • 2023 Procurement: 262 lakh tonnes

  • 2022 Procurement: 188 lakh tonnes

📌 MSP & Bonuses:

  • MSP for 2025: ₹2425/quintal (↑ ₹150 from last year)

  • Madhya Pradesh Bonus: ₹175 extra (Total: ₹2600/quintal)

  • Rajasthan Bonus: ₹150 extra (Total: ₹2575/quintal)

📌 State-Wise Procurement Status:

  • Early arrivals in: MP, Rajasthan, UP, Gujarat 🚜

  • Major supplies from April: Punjab, Haryana, Bihar

  • Challenges in: UP, Bihar, Gujarat, Maharashtra (competition from private traders & millers)

📌 Market Impact:

  • Higher production is pressuring prices 📉

  • May boost government procurement

⚠️ Challenges & Future Outlook

⚠️ Private buyers & stockists may compete with govt. procurement 🤔
⚠️ Flour millers in key states could offer better rates 🏭💰
⚠️ Will India exceed the 310 lakh tonnes procurement target?

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