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Data show wheat supply shortage not due to hoarding

Photo By The Hindu Businessline

The shortage of wheat supplies, currently being witnessed in the country, is not due to hoarding as is being feared by the Centre. Data show that wheat arrivals at agricultural produce marketing committee (APMC) yards across the country have exhibited almost the same trend over the past 17 years. The Indian government blames traders and large farmers for curbing wheat supplies by retaining stocks with them, though.

The Centre finds the restriction of supplies by farmers as one of the factors for current price spiral. Experts beg to differ with the view pointing out to data of the past 17 years, including when the Government had to import 5 million tonnes (mt) for distribution through ration shops.

For More Details Visit: https://www.thehindubusinessline.com/economy/agri-business/data-show-wheat-supply-shortage-not-due-to-hoarding/article67179897.ece

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