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News Report of ASSOCHAM stating that Wheat Production in the Country this year is likely to be lower is Factually Incorrect- Radha Mohan Singh

News and Press Release - Dated:- 19-3-2016 - Present Stock of wheat with the Food Corporation of India is higher than the Stocking Norms Such Incorrect Information is being publicized with a view to Compel Government to reduce Import Duty on Wheat Union Agriculture and farmers Welfare Minister, Shri Radha Mohan Singh today said here said that today s news report of ASSOCHAM stating that wheat production in the country this year is likely to be lower by 1.5 crore tonne is factually incorrect. In .....

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he stocking norms. Against the stocking norm of 7.6 million tonnes as on 1st April, 2016, the present stock of wheat in the central pool is 13.5 million tonne. During the last one year FCI has sold 7 million tonnes of wheat through open market operations. For the past some time, the market response to the tenders floated by FCI has been weak which implies that there is no shortage of wheat in the country at present. Agriculture and Farmers Welfare Minister informed that during the last one year .....

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