Markets and Trade
AreaIndia
Commodity GroupGrains
CommodityWheat
Date23/04/2023
Policy CategoryConsumption and marketing
Policy InstrumentGovernment Procurement
DescriptionProposed to set up 5 900 wheat procurement centers to buy wheat directly from farmers. Approved minimum support price (MSP) of INR 2 125 per quintal and set a target to buy 60 lakh (1 Lakh is equal to 100 000 metric tonnes) wheat this fiscal year.