ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-World Bank, Our Saviour

NEW DELHI World Bank, Our Saviour B M A COMPLETE lack of credibility marks the working of the government. No one, therefore, takes seriously the denial by the Food and Agriculture Ministry that efforts are under way to arrange for imports of foodgrains. It will be recalled that reports from Washington had suggested that India was in the world markets for purchase of' as much as 4 to 5 mn tonnes of foodgrains this year. These reports had further suggested that some purchases had already been made in the US market for shipment to India. There can be no escape for the government from importing foodgrains this year. This is the simple logic of the decision to abandon the take-over of wholesale trade in wheat and to hand it back to private traders.

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