India Increases Wheat Support Price by 6.6%, Targeting Higher Production

In an effort to boost wheat production and reduce dependency on imports, the Indian government has increased the minimum wheat support price by 6.6% to $28.88 per 100 kg. The move aims to encourage farmers to expand cultivation after recent heatwaves affected wheat output. Despite efforts to secure state stocks, procurement has fallen short of targets, prompting this increase to ensure adequate supplies for India’s food welfare programme. #India #Wheat #Agriculture #FoodSecurity