The government of India would continue with export of agricultural commodities, a weak monsoon notwithstanding. Talking to reporters in the capital, Union Agriculture Minister Sharad Pawar said millions of tonnes of wheat and other grains being in excess of domestic demands could be easily exported.
The stock of food grains is presently huge in the country and there is absolutely no cause for concern Mr Pawar added.
Sources say about 2 million tonnes of wheat were recently exported to ease pressure on the storing facilities. Last year in September, the govt had lifted ban on export of non-basmati rice and wheat.
According to Mr Pawar, there has of late been some improvement in monsoon but its behaviour in Karnataka and some portions of Maharashtra is still erratic. The production of some coarse cereals may be affected in parts of the country due to a shortage of rain , the minister added.
However, experts say there is likely to be a 23 percent less rainfall this year and this is bound to create difficulties for the country’s economy. The low rainfall they add would definitely make India’s goal of achieving a high economic growth much more difficult.