SME Times is powered by   
Search News
Just in:   • Sensex gains in pre-afternoon trade  • Hyderabad jewellery fair to begin June 7  • Vodafone India's revenue up by 10.6 pc in 2012-13  • China may act againt EU wine imports  • Four mn jobs created in two years: Brazilian president 
Last updated: 11 Aug, 2012  

anand-sharma-ccicTHMB.jpg Exports of surplus agri-products will continue: Minister

anand-sharma2011.JPG
   Top Stories
» India, China can take ties to new heights: Li tells India Inc
» India deserves upgrade in sovereign rating: Chidambaram
» 'Sector-specific action needed to cut carbon emissions'
» India, China discuss cooperation in healthcare sector
» India needs more foreign investments: Powell
SME Times News Bureau | 11 Aug, 2012
The government will continue to export surplus agri-commodities as there is adequate stock of wheat, rice and sugar in the country, Commerce and Industry Minister Anand Sharma said on Thursday.

"What is exportable surplus available will be exported and for the commodities for which we do not have exportable surplus we will take an appropriate view," Sharma told reporters when asked if government plans to ban export of agri-products (such as wheat, rice and sugar) due to drought like conditions.

After meeting Finance Minister P Chidambaram, Sharma said, "I don't forsee a situation that India will have any shortfall of foodgrains and food security of the people will be ensured."

Stating that the country faces a shortfall in pulses and edible oils, Sharma said, "There is always a shortfall of pulses and edible oil. But for that the final figures will be known once the Agriculture Ministry gives the crop sizes."

Earlier this week, Agriculture Minister Sharad Pawar had opposed any move to ban sugar export in a bid to contain price rise.

"I do not think that kind of thinking is there. I have not received any proposal to ban export of these items," he had said when asked whether the government may ban export of commodities like wheat, rice, maize and cotton to contain prices.

India had lifted the ban on wheat and non-basmati exports in September 2011. The country is estimated to export 3.5 million tonnes in 2011-12, reports media.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
55.30
54.35
UK Pound
84.50
82.50
Euro
71.80
70.00
Japanese Yen 54.40 53.00
As on 22 May, 2013
  Daily Poll
Do you think banks will lower lending rates after recent RBI rate cut?
 Yes
 No
 Can't say
  Commented Stories
» Why SMEs fail - keep your eyes open(15)
» MSME schemes - Do you know all of them?(5)
» Starting an import export business: Basic guide for beginners(5)
» Export outlook not so grim(3)
» Golden fibre making inroads into road construction(3)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter