Volume. 12231

Iran yet to give details of plans to import wheat from India
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NEW DELHI-- Iran has so far not given any specifications of its wheat requirement after its proposal to import the grainBSE 1.48 % from India, Parliament was informed.
In a written reply to Lok Sabha, Food Minister K V Thomas said that no other country has sent any formal proposal for buying wheat from India.
"There is no formal proposal from any country, including Malaysia, for import of wheat from India. However, there is a proposal to export wheat to Iran on government to government basis for which Iranian authorities are yet to convey the specifications of wheat required by them," the minister added.
The government on July 3 allowed export of 2 million tons of wheat from central pool stocks of Food Corporation of India (FCI) through central public sector undertakings (CPSUs) like STC, MMTCBSE 0.16 % and PEC, Thomas said.
Tenders for export of 1.73 million tons of wheat has been approved, out of which 8.06 lakh tons has been shipped and a proposal for export of an additional 2.5 million tons from central pool is under government consideration, he added.
Under the Open Market Sales Scheme (OMSS), the government has allocated release of 12.5 million tons of wheat to bulk consumers for the October 2011 to March 2013 period, he said.
Replying to another query in the house, Thomas said that in view of the good stock position of wheat and non-basmati rice in the country, government has allowed their export under Open General Licence (OGL) from September 9, 2011.
"Government has further decided on November 29, 2011 to continue the unrestricted export of these foodgrains under OGL," he added.
The government has a wheat stock of 37.65 million tons and that of rice of 30.61 million tons as of Dec 1, 2012, which is over the stipulated buffer and strategic stock requirement of 25 million tons required as of January 1, 2013.
The country produced a record 93.9 million tons of wheat and 104.32 million tons of rice in the 2011-12 crop year (July-June).
(Source: indiatimes)

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