Pvt players exported 2.5 MT of wheat till Jan this fisc:Paswan

Image
Press Trust of India New Delhi
Last Updated : Mar 17 2015 | 5:48 PM IST
Private players exported 2.5 million tonnes of wheat till January in the current financial year, Food Minister Ram Vilas Paswan informed Parliament today.
"Wheat exports from India are 2.5 million tonnes... Till January 2015 in the current financial year on private account against a total quantity of 2.9 million tonnes exported during the year 2013-14," Paswan said in Lok Sabha.
The minister said that estimated global wheat production for 2013-14 is 713 million tonnes compared to 655 million tonnes in the previous year.
India has produced 95.85 million tonnes of wheat during 2013-14 against 93.51 million tonnes in 2012-13, Paswan said, adding that global prices of wheat have shown a downward trend during the current year.
In reply to another question, the Minister said that stocks of foodgrains in the central pool as on March 1 this year were 347.57 lakh tonnes against the minimum buffer norms of 214.10 lakh tonnes for January-March quarter.
It indicates surplus stock of 133.47 lakh tonnes of foodgrains in the country, and the surplus stock can be offloaded through open sale in domestic market or through exports.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 17 2015 | 5:48 PM IST

Next Story