What are the implications of the government setting a conservative target for wheat procurement in the upcoming season
Government has decided on a conservative target for wheat procurement for the upcoming season.
- Reduced wheat procurement may lead to limited stocks, potentially causing a shortage in the market.
- Farmers could be negatively affected as they may face difficulty selling their produce at the procurement centers.
- Prices of wheat in the market may increase due to limited supply, impacting consumers and food inflation.
- The government may have to import wheat to meet the shortfall, resulting in additional costs.
- Decreased procurement targets may affect government food security programs and welfare distribution to the needy.
- It could impact the overall agricultural economy and rural livelihoods dependent on wheat cultivation.
Answered
a year ago