The Commerce Ministry today favoured lifting ban on wheat exports as the governments godowns are overflowing with wheat stock on the back of bumper output in last two years. . yes we would like to export ., Commerce Secretary Rahul Khullar said when asked whether the government is ready to consider review of ban on wheat export. As on March 1,the wheat stock in the central pool was 183.88 lakh tonnes,much more than the buffer requirement of 40 lakh tonnes till April 1,according to the government data. .if you are not be able to do this (export) what else will you do with all this food stocks.there is huge pile of wheat crop,the new crop is arriving what you are going to do with it, Khullar told reporters here. He,however,said that the final decision will be taken by the Agriculture Ministry. In early 2007,the government banned exports of wheat to increase the availability of the commodity in the domestic market. India,the worlds second largest producer,produced a record 80.68 million tonnes of wheat in 2009. This year,the output is pegged marginally down at 80.28 million tonnes. Record production and better remunerative price (MSP) to farmers helped the Centre in procuring 25.3 million tonnes of wheat last year. Food Corporation of India (FCI),the nodal agency for procurement and distribution,has said that states have said that procurement figure would reach 26.2 million tonnes. The minimum support price of wheat is Rs 1,100 a quintal.
