Particle.news

Download on the App Store

India Nears Wheat Procurement Target as Record Harvest Boosts Stocks

Government surpasses 256 LMT of wheat procurement, pays over ₹62,000 crore to farmers, and prepares to review PDS allocations post-season.

Image
Image

Overview

  • India's wheat procurement for the 2025-26 rabi season has reached 256.3 LMT as of April 30, marking a 24.78% year-on-year increase.
  • The government has paid ₹62,155.96 crore to 21.03 lakh farmers, with most payments processed within 24–48 hours.
  • The agriculture ministry estimates a record wheat harvest of 115.3 million tonnes, supporting strong procurement and replenished stocks.
  • A review of full restoration of wheat allocations under the Public Distribution System (PDS) is set to follow the procurement season's conclusion.
  • The export ban on wheat remains in place, with officials deeming it premature to lift restrictions despite ample stocks.