Food Minister rules out wheat exports

Even as the Union Agriculture Minister, Mr Sharad Pawar, has
called for lifting of the ban on rolex replica watches uk wheat exports, his counterpart in the Food and
Consumer Affairs Ministry, Mr K.V. Thomas, has cautioned against any such move
at this point of time.

“We (in the Food Ministry) are against wheat exports. Our concern
is that if we open exports, it will affect domestic prices,” Mr Thomas told
presspersons here on Monday. His statement comes less than a week after Mr Pawar
made a strong case for permitting wheat exports in the light of a second
successive bumper crop and overflowing public granaries.

Mr Thomas noted that the Agriculture Minister's position favouring
exports was understandable in view of his “priorities towards farmers”. “But as
Food Minister, I have a different set of priorities and I need to be careful,”
he said. The Food Ministry, he added, will oppose the proposal to open up wheat
exports, which might figure in the agenda of the meeting of the Group of
Ministers on May 2.

Meanwhile, the Food Corporation of India (FCI) and State agencies
have so far procured 114.76 lakh tonnes (lt) of wheat during the ongoing 2011-12
rabi marketing season (April-June). This is below the 177.04 lt bought during
the corresponding period of the previous season. The lower procurement has been
due to an extended winter, leading to delayed ripening of the crop, besides
unseasonal rains early last week that disrupted harvesting operations.

Food Ministry officials say the procurement gap over last year is
likely to reduce in the coming days, as mandi arrivals have already picked up in
the last 3-4 days. Of the 114.76 lt procured till now, Punjab has accounted for
47.10 lt (against 90.08 lt during this time last year), followed by Haryana
(42.14 lt versus 58.22 lt), Madhya Pradesh (21.69 lt versus 23.05 lt), Uttar
Pradesh (1.95 lt versus 2.37 lt) and Rajasthan (1.51 lt versus 2.76 lt). 

Source: rolex replica watches uk