date:Mar 11, 2013
s.
In July 2012, the government permitted state-run trading companies to export 2.0 million tons of wheat from its stocks. In January it said they could export another 2.5 million tons.
The government is trying to reduce its bulging grain stocks as it is expected to procure a record amount of wheat this season.
The government has been buying rice and wheat at high state-assured prices to support farmers' incomes and to build up stocks as it prepares to roll out a law to guarantee supplies of