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Wednesday , February 08,  2006

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   Wheat Production Target at 16.2 mt

 

The Food secretaries of major wheat producing states met and set the target quantity of wheat production at 16.2 million tons, an increase of 1.4 million tons from last year. They pointed out that the current crisis in wheat supply was caused by lower contribution of wheat production from Uttar Pradesh, Madhya Pradesh, Uttaranchal, Gujarat, Bihar, Delhi , Jharkhand, and Rajasthan. A shortfall of 2 million tons created a crisis in supply therefore causing an increase in the price of wheat. This year, 26.5 million hectares will grow wheat compared to 26.3 million last year. The shortfall in wheat buffers by about 2 million was known on January 1, so it is still remains unanswered why it took the Government so long to realize that there was a shortfall in wheat production and take corrective action. The recommended action is to import 500,000 tons of low quality wheat by the Government in the spot market at 30% more than normal rates. The mismanagement, recommendation, and delay in action have been highly criticized by the opposition and experts.














 



 

 



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