AreaIndia

Commodity GroupGrains

CommodityWheat

Date23/10/2023

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionAnnounced an increase in the MSP of six Rabi (winter-sown) crops, including wheat and barley, for the 2024/25 marketing season. Wheat prices increased from INR 2 125 per quintal (USD 255.2 per tonne) to INR 2 275 per quintal (USD 273.2 per tonne) and barley prices from INR 1 735 per quintal (USD 208.4 per tonne) to INR 1 850 per quintal (USD 222.2 per tonne).

Notes1 INR = 0.0120107 as per 18 oct 2023