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Home / India News / 2007 / May 2007 / May 12, 2007
Govt. may import five million tonnes of wheat: Pawar
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Govt. may import five million tonnes of wheat: Pawar

Union Agriculture Minister Sharad Pawar today indicated that the Centre may go for the import of four to five million tonnes of wheat in order to build on its buffer stock

New Delhi, May 12 : Union Agriculture Minister Sharad Pawar today indicated that the Centre may go for the import of four to five million tonnes of wheat in order to build on its buffer stock

"We may import four to five million tonnes of wheat this year to build stocks for emergencies," Pawar told reporters on the sidelines of the 78th Annual General Body meeting of the Indian Council of Agricultural Research (ICAR) Society here.

He added that the country have enough stock of wheat for this year, but wanted to build on existing stocks.

While presiding over the meeting, Pawar said: "There is urgent need for policies and programmes that can invigorate productivity in the farm sector."

He also urged upon the agricultural scientists to prove that the 'kisan' (farmer) is a force to reckon with and be a partner to achieve a higher growth rate in agriculture and food and nutritional security.

As on April 26, the government has procured over 7.3 million tonnes of wheat.

In order to maintain food security in the country, the Centre has permitted the import of wheat on private account at zero duty up to December 31.

Despite the announcement of a Rs.100 bonus for the wheat Minimum Support Price, the Food Corporation of India (FCI) is not confident of procuring enough wheat as it fears that farmers would sell their yield to private companies for a better price.

According to third advance estimates of production of food grains, 73.7 million tonnes of wheat is expected to be produced.

ANI

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