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Government boosts wheat procurement target by 15% to 34.5 million tonnes

Economy
Published on 25 April 2026
Government boosts wheat procurement target by 15% to 34.5 million tonnes

Farmers may shift from markets to MSP amid price drop

The government has raised its wheat procurement target to 34.5 million tonnes, up 15% from before, betting on higher farmer participation at MSP. Officials expect lower market prices to push more growers to sell through government channels, reshaping how much wheat enters the procurement system this season.

  • Wheat procurement target set at 34.5 million tonnes, up 15%
  • Lower market prices could nudge farmers toward MSP sales
  • Government expects higher wheat volumes via procurement channels
  • Policy shift may affect farmer pricing decisions
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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