Wheat price hike not unusual will intervene if needed: Center

Terming the rise in wheat prices as “not unusual”, the government said it has a “comfortable” stock position and will intervene as and when required.

Addressing a press conference, Food and Public Distribution Secretary Sudhanshu Pandey said: “The price hike is not unusual as it is being anticipated or assumed.”

Pandey’s remarks assume significance given the sharp rise in recent months in wheat and atta (wheat flour) prices. According to the food department, the wholesale price of wheat was recorded at Rs 2,757 per quintal, 18.26 per cent (Rs 2,331 per quintal) over a year ago and 11.42 per quintal cent (Rs 2,474 per quintal) higher than two years ago.

When the government would intervene, Pandey said: “When the government feels that the increase is abnormal, it will intervene.”

“We have stock of rice and wheat, and there is nothing to worry about, and we also have surplus available for market intervention if needed,” Pandey said.

The Indian Express reported on Monday that during the first five months (April-August) of the financial year 2022-23, Indian wheat exports doubled from last year’s level. India exported 43.50 lakh metric tonnes (LMT) of wheat during April-August 2022-23, an increase of 116.7 per cent over the same month last year.

Sharing the details of the stock position, the officials said that against the buffer requirement of 205 LMT on October 1, 227 lakh MT of wheat was available in the central pool as on October 1, 2022.


Hi, my name is Nisha and I'm an educational journalist based in India. I've always been passionate about the power of education to transform lives, and that's what led me to pursue a career in journalism focused on this area. I completed my Bachelor's degree in English from Hindu College in Delhi in 2013 and then went on to earn my Master's in Journalism and Mass Communication from the Indian Institute of Mass Communication in 2017. During my studies, I also completed several short-term courses on Education in India, Sociology, and other related subjects to deepen my knowledge in this field. I'm particularly interested in improving access to quality education in rural areas, where students often face significant challenges. I've worked on a number of initiatives to address this issue, including advocating for better policies, resources, and practices that can make a difference. As an educational journalist, I'm passionate about using my platform to highlight important issues in the education space. I've covered a wide range of topics, including the impact of technology in the classroom, innovative approaches to teaching and learning, and the challenges facing students from marginalized communities. One of the things I love most about my work is the opportunity to constantly learn and grow. I'm an avid reader and believe that reading is key to expanding one's knowledge and perspective. I'm always seeking out new ideas and insights to help me better understand the world around me. In summary, as an educational journalist, I'm dedicated to using my skills and expertise to make a positive impact in the field of education. I'm committed to improving access to quality education for all students and to using my platform to raise awareness about important issues in this area.

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