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  • Dec 14, 2012
  • Free export policy for rice, wheat, cotton to continue: Sharma

    Commerce Minister Anand Sharma said on Thursday that the government will continue with the free export policy for rice, wheat and cotton this year.In September 2011, the ban on export of non-basmati rice and wheat was lifted and exports were put on OGL (Open General Licence) due to bumper food grains production in the country.“Due to higher production, the government has allowed export of rice, wheat and cotton. This will continue as we have enough supply,” Sharma said while addressing the All India Kisan Coordination Committee (AIKCC) here.Sharma said that stable farm export policy is necessary to ensure better income to farmers and the same has been communicated to Prime Minister Manmohan Singh.

    Source - http://www.thehindubusinessline.com