MSP and wheat procurement process started in UP

20-Mar-2025 11:35 AM

Wheat Procurement Process Begins in Uttar Pradesh and Madhya Pradesh

Key Highlights

  • MSP for Wheat: Fixed at ₹2,425 per quintal across India.
  • Additional Bonus in MP: Madhya Pradesh farmers will receive an extra ₹175 per quintal, making the effective price ₹2,600 per quintal.
  • Procurement Centers:
    • Uttar Pradesh6,500 centers established.
    • Madhya Pradesh4,000 centers operational.
  • Government Target310 lakh tons of wheat procurement set by the Central Government.

Madhya Pradesh's Role in Wheat Production

  • Known for Premium Varieties: Produces high-protein wheat like Sharbati and Durum, which have strong domestic and global demand.
  • Major Contributor to Central Pool: Once surpassed Punjab as India's top wheat supplier.

Uttar Pradesh's Procurement Process

  • Focus on Transparency:
    • Payment to farmers within 48 hours of procurement.
    • Simplified & hassle-free buying process.

Outlook

  • Procurement to stabilize wheat prices and support farmers.
  • Increased demand for MP’s premium wheat varieties may boost exports.
  • Efficient payment & procurement system in UP aims to benefit farmers directly.