Published on August 9, 2013
The government has allowed additional wheat export of 2 million tonnes from its godowns. It will be done through public sector trading firms.
This is to clear surplus stock and ease the storage crunch. The proposal of food ministry was approved by the Cabinet Committee on Economic Affairs yesterday.
The additional export is allowed as there is a huge stock of 40 million tonnes of wheat. The overflowing stocks in FCI godowns have also put pressure on storage availability.