date:Mar 06, 2013
The move would mean India was exporting a third of the quantities of the United States, the No. 1 exporter, and would almost certainly drag down further global prices that have already hit an eight-month low.
The government has already given permission for 4.5 million tonnes of wheat exports in 2012 so the additional 5 million tonnes would take the total to 9.5 million tonnes.
The cabinet is expected to allow 5 million tonnes of wheat exports either this week or next week, one source, who is d