New Delhi. The Central Government has made it clear that there is sufficient stock of wheat in the country. The Union Food Secretary has said that there has been a jump in the prices of wheat due to hoarders in the country. The Union Food Secretary has said that very soon action will be initiated against the hoarders. The states have been asked for this. Let us inform that the Union Food Secretary had said on Monday itself that action would be initiated against the hoarders if needed. Along with this, the central government is also contemplating to disclose daily wheat stock to traders and impose stock limits. The Union Food Secretary has said that with this domestic supply can be increased.
Addressing the 82nd Annual General Meeting (AGM) of Roller Flour Millers Federation of India on Monday, Food Secretary Sudhanshu Pandey said there is no wheat problem in the country and the Center has godowns of state-owned Food Corporation of India (FCI). 24 million tonnes of wheat is available in The government’s wheat production estimate in the country in the Rabi season of 2021-22 (July-June) this year is around 105 million tonnes, while the business world’s estimate is only at 95-998 million tonnes. Therefore, even if trade estimates are to be believed, the production is sufficient to meet the domestic demand.
Wheat production in the country was very less in the last wheat season.
sufficient stock of wheat in the country
Let us inform that the country has exported 45 lakh tonnes of wheat so far in the current financial year. Out of this, 21 lakh tonnes of wheat was shipped before the ban on export was imposed on 13 May. During this period, India had exported 72 lakh tonnes of wheat in the last financial year.
Action will be started against hoarders
To check hoarding and black marketing, the Secretary said that the first step could be disclosure of wheat stocks by traders before imposing stock limits. Due to heat in some states like Punjab and Haryana, India’s wheat production is estimated to decline to 10.68.4 million tonnes in the crop year 2021-22, from 10.96 million tonnes last year.
There is no shortage of wheat in the country and it will not be imported- Central Government
It is worth noting that a few days ago, the Food and Public Distribution Department had said that there is no shortage of wheat in the country and it will not be imported. According to government data, wheat prices have risen by 11.7 per cent since July. At the same time, wholesale prices have increased by 13.6 percent. Significantly, despite India being the second largest producer of wheat, it does not export much. While 0.02 percent of the annual production of wheat in the country is imported from abroad.
FIRST PUBLISHED : September 20, 2022, 19:19 IST