India To Ban Exports Of Wheat, Non-Basmati Rice

24 July 2009 @ 07:26 am EDT

RTTNews - To soften the impact of shortage and delay in rainfall, the Union Government said that it would stop the exports of wheat and non-Basmati rice, besides footing half of the subsidy on diesel being offered to the farmer by states, reports PTI.

Food and Agriculture Minister Sharad Pawar announced this in the upper house following a briefing to his cabinet colleagues and the prime minister on the monsoon situation and kharif- sowing. He ruled out the possibility of any shortage of food grains for the next 13 months. However, he was concerned over the price rise of Arhar Dal, which he felt would be "a temporary phenomenon".

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy