Wheat production for the year 2015-16 is estimated at 90 plus million tones with the procurement target of 33.1 million tones. Procurement target fixed in light of the last year’s procurement of 28.02 million tones.
MSP fixed for the year 2015-16 - Rs.1450/- vs MSP for 2014-15 –Rs.1400/- increasing it by Rs.50/- per quintal.
Actual procurement for the year 2015-16 stands at 27.62 million tones with Punjab contributing 9.95, Haryana 6.75, U.P. 2.26, M.P. 7.26, Rajasthan 1.42 and Gujarat 0.96 million tones approx.