Wheat stock in central pool

20-Dec-2024 09:26 AM

Wheat stock in central pool
Wheat Stock Update in Central Pool (December 2024)
Key Figures:
Current Stock (Dec 1, 2024): 206 lakh tonnes
Previous Stock:
Nov 1, 2024: 222.64 lakh tonnes
Dec 1, 2023: 191.96 lakh tonnes
Dec 1, 2022: 190.27 lakh tonnes
Stock Comparison:
Decrease from November 2024: 16.64 lakh tonnes
Increase from Dec 1, 2023: 14 lakh tonnes
Increase from Dec 1, 2022: 15.73 lakh tonnes
The wheat stock in the central pool as of December 2024 is higher than the same period in the last two years, indicating stable reserves despite being slightly lower than the November 2024 stock.
Government Measures for Wheat Price Stabilization
Current Measures:
Selling wheat in the Open Market Sale Scheme (OMSS) to control prices.
Monitoring market prices closely.
Future Options if Prices Rise:
Increase in weekly wheat allocation under OMSS: Currently set at 1 lakh tonnes.
Use of existing reserves to manage domestic demand.
No Wheat Imports:
The Food Secretary confirmed there are no plans for wheat imports as of now.
Bharat Atta Sales (in tonnes):
Phase 1: 15.20 tonnes
Phase 2: 2,952.25 tonnes
Summary:
The government has assured sufficient wheat stock and is actively taking measures to control prices. The increase in stock compared to previous years shows resilience in the supply chain, and further interventions, if required, will aim to maintain affordability and availability.