English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEconomyIndia to decide on wheat exports next week: Food minister

    India to decide on wheat exports next week: Food minister

    A panel of ministers will decide next week whether to allow export of wheat, Food Minister KV Thomas said on Tuesday.

    April 26, 2011 / 17:22 IST

    A panel of ministers will decide next week whether to allow export of wheat, Food Minister KV Thomas said on Tuesday.


    India, the world's second-biggest wheat producer, is expected to harvest a record 82.3 million tonnes in 2011, up from 80.8 million tonnes a year earlier. It consumes around 76 million tonnes of wheat annually.


    Last week, Farm Minister Sharad Pawar said India, sitting on huge wheat stocks, should allow exports of the grain.

    But with food inflation persistently high in Asia's third-largest economy, its food ministry is reported to be against lifting a ban on wheat exports, contrary to the farm ministry's view, as it could affect local prices.

    first published: Apr 26, 2011 03:28 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347