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Wheat Procurement and MSP

  Jun 16, 2022

Wheat Procurement and MSP

Q Why is it in News ?

A Wheat procurement is now underway in various states of the country.

Q How is Wheat Procurement  done in India ?

  1. The centralised one, also called the non-decentralised procurement system (non-DCP) and
  2. The decentralised one, also called DCP

(1) Non-DCP

(2) DCP

Q What is Role of Arhtiyas ?

Q From how many states is wheat procured for the central pool?

Q How much wheat is procured for the central pool by the FCI every year?

Q What is the procurement scale against the total production of wheat in India?

Q What is the share of wheat contribution of various states to the central pool?

Q What is Minimum Support Price (MSP) ?

Q What are Methods of calculation ?

Q Which are Procurement agencies ?