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India's Wheat Economy

Production, Buffer Stocks, and Food Security

India is the world's second-largest wheat producer (after China), with an annual production of approximately 113–115 million tonnes (MT) in recent years — thanks to the Green Revolution-era infrastructure in Punjab, Haryana, Uttar Pradesh, and Madhya Pradesh, which together account for ~80% of national wheat output.

Wheat is India's second most important food grain after rice and a principal component of the Public Distribution System (PDS). The Food Corporation of India (FCI) procures wheat at the Minimum Support Price (MSP) and maintains buffer stocks to ensure food security.

Key details
  • India's wheat production FY25: ~113-115 million tonnes (2nd globally after China)
  • Main producing states: UP (33%), MP (19%), Punjab (17%), Haryana (12%), Rajasthan (9%)
  • MSP for wheat (FY26): INR 2,425 per quintal
  • FCI's wheat buffer stock (January 2026): ~25-28 million tonnes — well above buffer norms
  • Buffer stock norms (wheat): 7.46 MT on April 1; 21.04 MT on July 1 (lean season peaks)
  • PDS: ~800 million beneficiaries receive subsidised wheat under NFSA; PM-GKAY provides additional free grain
In the news

Tracked since February 24, 2026 · last seen May 04, 2026 · updates as the daily brief publishes

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