Efforts are underway to increase the wheat procurement target under the Minimum Support Price (MSP) scheme, following a strong production outlook in the state. Chief Minister Dr. Mohan Yadav stated that the Government of India has set a target of 7.8 million metric tonnes for wheat procurement in the Rabi Marketing Season 2026–27. However, with expectations of higher output, the state government is in continuous discussions with the Centre to revise and increase this target.
Farmer participation in MSP procurement has seen a significant surge this year. Around 1.904 million farmers have registered to sell wheat at MSP—nearly 300,000 more than last year. This sharp increase highlights growing trust among farmers in the government procurement system and its benefits.
So far, wheat has been procured from over 221,000 farmers, amounting to approximately 9.51 million quintals. Out of this, around 7.55 million quintals have already been transported. The government has ensured timely payments to farmers, with ₹1,091.33 crore already transferred directly to the bank accounts of over 106,000 farmers. This efficient payment system is helping maintain farmer confidence.
During the initial phase, challenges arose due to global disruptions, including the West Asia conflict, which affected the availability of gunny bags. However, the government addressed the issue by arranging new jute bags along with PP bags and reused packaging materials. At present, there is sufficient availability of packaging for smooth procurement operations.
MSP with Bonus Ensures Better Returns:
Wheat is being procured at an MSP of ₹2,585 per quintal. In addition, the state government is providing a bonus of ₹40 per quintal, taking the effective procurement price to ₹2,625 per quintal. This added incentive is directly boosting farmers’ income.
Government Focused on Farmer Welfare:
The government remains committed to ensuring fair prices for farmers and smooth procurement processes. The move to increase the wheat procurement target is a crucial step in this direction, aiming to extend benefits to a larger number of farmers while supporting the agricultural economy.
FAQs:
1. What is the current wheat MSP for 2026–27?
The MSP for wheat is ₹2,585 per quintal, with an additional ₹40 bonus.
2. Why is the wheat procurement target being increased?
Due to higher production estimates and increased farmer participation.
3. How many farmers registered for MSP procurement?
Around 1.904 million farmers have registered this year.
4. Are farmers receiving timely payments?
Yes, over ₹1,091 crore has been transferred directly to farmers’ bank accounts.
5. Is there any issue with storage or packaging?
No, the government has ensured sufficient packaging and storage facilities.
