The people of the country will not harass food inflation. Bumper yields and inflation historically suggests at the lowest level in 42 months. The country is capable of food grains and stores are filled. Food Secretary Sanjeev Chopra said that food production in the country is also bumper this time. Therefore, the situation is going to be normal in the near future also. The Consumer Food Price Index was the lowest 1.78 per cent in the country in April. Earlier it was the lowest 0.85 per cent in October 2021. From this, it can be guessed that there will be no major increase in the prices of food grains in the country in the near future.
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Apart from this, in the current Rabi marketing season in the country, the government procurement of wheat is going to be less than the target. But this is not a matter of concern, because it is slightly less than the target. Farmers have got a lot of price for their crop. Private companies have bought a lot from farmers. The government warehouses of the country have a stock of 382.22 lakh metric tonnes of rice. A new crop will come from October November, whose forecast is also expected to be very good.
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296 lakh metric tonnes of wheat so far
So far, 296 lakh metric tonnes of wheat have been procured in government procurement. Chopra said that while the government procurement was targeted to procure 312 lakh metric tonnes of wheat. In this, due to private companies in Punjab and less government procurement than Uttar Pradesh, there is less than the target set. The government was to buy 124 lakh metric tonnes from Punjab, 75 lakh metric tonnes from Haryana, 80 lakh metric tonnes from Madhya Pradesh, 30 lakh metric tonnes from Uttar Pradesh, 20 lakh metric tonnes from Rajasthan and 0.01 lakh metric tonnes from Gujarat.
Wheat procurement ends till 15 May in Punjab-Haryana
In this, the purchase of wheat in Punjab and Haryana till May 15 has ended. Whereas in Uttar Pradesh and Rajasthan it is still going on 30 May. Madhya Pradesh has also been added to this, even after this, there is very little hope that government procurement will be able to fulfill its goal this time too. Because the highest number of 119.32 lakh metric tonnes has been purchased from Punjab so far. 77.75 lakh metric tonnes have been purchased from Madhya Pradesh. 70.81 lakh metric tonnes of wheat has been procured from Haryana. This purchase from Uttar Pradesh is 9.99 lakh metric tonnes. It is expected to be more than one million metric tons.
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16.46 lakh metric tonnes in Rajasthan
There has been a purchase of 16.46 lakh metric tonnes in Rajasthan. While no purchase is being made from other states with wheat production. The government has fixed the minimum support price for government procurement of Rs 2425 per quintal for wheat, but it is running quite up in all the states in the market. Sugarcane crop is also good, so we can say that in the case of food grains, the country is in very easy and favorable conditions. The Food Secretary said that this time there is a bumper crop in the country, in such a situation, there will be no burden of inflation of food grains on the public. As far as the high price of edible oils is the question, it is also the effect of inflation in the world and import duty imposed by India.
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