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

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NEW DELHI- Wheat Imports Again

NEW DELHI Wheat Imports Again? B M THE government, it has been reported, is not contemplating imports of wheat this year, at least not yet. The position, is to be reviewed after the rabi marketing and procurement season. Such reports need not be taken too seriously or given too much credence. The experience of last year shows that the government likes to carry out such operations quietly, avoiding to the extent possible advance publicity of its intentions in order to strike appropriate commercial bargains. An increasingly difficult balance of payments position did not deter the government from importing substantial quantities of wheat last year in order to maintain what is called, a safe buffer stock of foodgrains and moderate pressure on prices of foodgrains in the open market. The position with respect to the rabi harvest, wheat stocks and wheat prices is not very comfortable this year either. The options open to the government for regulating supplies and prices of wheat in the coming months

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