Indian govt out to trace 40 million tonnes hidden wheat
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Photo By Agrihunt
With retail prices of wheat and atta (flour) rising continuously since May, the Indian government is worried over the last few days on bringing down prices. It is considering various options, including imports on government-to-government basis with the main objective of increasing domestic supplies. This is mainly in view of over 40 million tonnes (mt) of grain still hoarded inside the country.
The Agriculture Ministry has estimated wheat production in 2022-23 crop year at a record 112.74 mt. The wheat started arriving in the market from April and the government procured about 26.2 mt of this year’s production.
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