wheat procurement

Excessive rice stocks have accumulated in the central pool, nearly 4.4 times higher than stocking norms, due to states offering bonuses over MSP and an open-ended procurement policy. CACP recommends limiting procurement, especially in surplus states, and reviewing the open-ended policy to curb rising subsidy burdens.

In an exciting new initiative, Bihar's cooperative department is set to pilot vegetable sales centers that draw inspiration from the acclaimed 'Sudha' brand. This venture aims not only to elevate farmer incomes but also to enhance their access to broader markets, thereby reinforcing the marketing framework across the state.

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Despite urban interest in millets, Tamil Nadu farmers are abandoning the grain due to uncertain markets and fluctuating prices, unlike rice and maize with guaranteed buyers. Lack of processing units and institutional support discourages cultivation, though initiatives like the Pudukottai FPO show promise with guaranteed procurement and value-added products.

Farmers in Buxar can now sell their wheat through cooperative societies as the state government has significantly increased the procurement target to 6,040 metric tonnes. This revised goal, though still short of the total output, aims to alleviate farmers' struggles with low open market prices.