Trade and markets
 

Detail

Area
India
Commodity Group
Grains
Commodity
Barley and Wheat
Date
01/11/2016
Policy Category
Consumption and marketing
Policy Instrument
Government procurement
Description
Raised wheat and barley procurement price for rabi crops of 2016-17 season, in order to boost output. This includes increasing wheat price from INR 15 250 (USD 225) to INR 16 250 (USD 239.76) per tonne (up by 6.6 percent y/y) and barley from INR 1 225 to IRN 1 325 per quintal (USD 180.7 and 195.5 per tonne) (up by 8.2 percent y/y).