India Boosts Wheat Procurement Target at MSP by 15%

The Ministry of Agriculture and Farmers Welfare announced that the wheat procurement target at the Minimum Support Price (MSP) will be increased by 15%. This move is intended to provide greater security to wheat growers and to help keep market prices stable. The higher procurement target will allow the government to purchase more wheat at the MSP, ensuring farmers receive a guaranteed price for their produce. The decision comes as part of the government’s ongoing efforts to strengthen the agricultural sector and support rural incomes. The exact figures for the new target have not been disclosed yet, but the increase signals a continued commitment to farmer welfare.