AreaIndia

Commodity GroupGrains

CommodityBarley and Wheat

Date01/11/2016

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionRaised wheat and barley procurement price for rabi crops of 2016-17 season, in order to boost output. This includes increasing wheat price from INR 15 250 (USD 225) to INR 16 250 (USD 239.76) per tonne (up by 6.6 percent y/y) and barley from INR 1 225 to IRN 1 325 per quintal (USD 180.7 and 195.5 per tonne) (up by 8.2 percent y/y).