There is no need to import wheat due to sufficient stock in the domestic sector

28-May-2025 07:36 PM

New Delhi. During the current year, the government's wheat procurement for the central pool has increased to the highest level in the last four years, pushing total government stock above 400 lakh tonnes.

Domestic wheat production has increased by at least 40 lakh tonnes compared to last year, and the private sector has also made significant purchases from farmers. In light of this, analysts believe that there will be no need to import wheat from abroad this year.

A 40 percent customs duty on wheat imports has been in place for several years, and even though government procurement remained below the target in the past three years, the duty has not been reduced or removed.

While wheat imports are generally not taking place, some flour millers in South India have been importing small quantities from Australia. This imported wheat, known for its higher protein content, is mixed with domestic wheat for specific quality needs.

According to official sources, there has been a substantial increase in both domestic production and government procurement of wheat.

Flour millers and traders also hold ample stock. Government procurement has crossed 297 lakh tonnes, which will ensure a steady supply over the coming months, eliminating the need for imports. Domestic demand can be fully met with existing stocks.

In comparison, government procurement of wheat was 188 lakh tonnes in 2022, 262 lakh tonnes in 2023, and 266 lakh tonnes in 2024.

This year, it is expected to reach around 300 lakh tonnes. Additionally, the government began the Rabi marketing season this year with a previous stock of about 118 lakh tonnes, further strengthening overall availability.

A significant stock of wheat also remains with farmers.