India Agrees To Lift Ban On Wheat Exports: Reports
Friday, 06 March 2009

A panel of Indian ministers has agreed to lift a ban of exports of wheat and wheat products once elections end in May, local media reported on Thursday, citing sources they did not name.

India will allow exports of two million tonnes of wheat once national parliamentary polls scheduled for April and May have been held, television channel CNBC TV-18 and news agency Press Trust of India said.

India, the world's second-biggest wheat producer, banned wheat and wheat exports in early 2007 as prices spiralled.

The Election Commission, which runs elections in the world's largest democracy, prevents the government from announcing any major policy change in the build up to voting.

Source: bdnews24.com

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