Wheat export ban, how long the ban on wheat exports will remain, the government said, record production is expected despite unseasonal rains – how long ban on wheat export will continue
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India, the world’s second largest wheat producer, had banned wheat exports in May 2022 as part of measures to control rising domestic prices. Meena told reporters, “As far as the government is concerned to ensure food security of the common man, export of wheat will not be allowed.” Therefore, till the country feels comfortable with the supply, the export ban on wheat will continue. He said the higher wheat production expected this year would ensure adequate supply in the Indian market for both government procurement and general consumption. According to the agriculture ministry’s second estimate, the government has estimated a record 112.18 million tonnes of wheat production in the 2023-24 crop year (July-June).
Record production expected
Meena said that keeping in view the fluctuations of the weather, the Ministry of Agriculture has estimated record wheat production. “Rain is a cause of concern as it affects the quality of grains. The accompanying factor of rain is that the temperature also drops. Low temperature for full maturity is good for wheat crops. Therefore, the estimated quantity of wheat production is likely to be achieved. Due to this, the government’s target of purchasing three crore 41.5 lakh tonnes of wheat will also be achieved. Meena said that FCI has started wheat procurement campaign. On March 27, about 10,727 tonnes of wheat was procured in Madhya Pradesh.
He said, ‘The first arrival has started in Madhya Pradesh. About 10,727 tonnes were procured, however, there was a huge arrival of 5.56 lakh tonnes on Monday. The purchase volume on the same date in the corresponding period last year was nil. This year the arrival was very high due to harvesting of short duration crops. Procurement centers across the country will remain open. Procurement will start in Punjab and Haryana from April 1. FCI aims to procure 13.2 million tonnes of wheat from Punjab, 75 lakh tonnes from Haryana and 80 lakh tonnes from Madhya Pradesh in the marketing year 2023-24 (April-March). Asked whether quality norms would be relaxed for the rain-hit wheat crop, Meena said, “If necessary, a team will be sent to assess the situation.” We will take a decision on the basis of the report submitted by the team.
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He said that the government is confident that the projected record production will be achieved and the procurement target will also be achieved this year. On the sale of wheat from the buffer stock under the Open Market Sale Scheme (OMSS) to check rising prices of wheat and wheat flour, Meena said it has been stopped for the time being as prices have stabilised. Due to the quantity of wheat sold in the market (mandi), prices have come down from Rs 30 per kg in the last week of January to Rs 22-23 per kg now.
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