Monday, July 27, 2009

India halts food exports for security

Government-to-government grain exports from India will halt following a predicted decline in farm outputs for this year. Poor monsoon rains have meant yields may be lower than hoped.

The Indian government says they will attempt to build their own reserves to ensure food security for the nation.

"We export some 2 million tons of wheat through diplomatic channels. We will stop even that. The situation may improve but we do not want to take any risks when the question of food security of our own country is involved," said India's Agriculture Minister Sharad Pawar

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