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Monday, March 31, 2008

Wheat Imports ruled out

The Union Goverment is not considering the import of wheat as it is hopeful of purchasing sufficient quantity from the domestic market to keep a buffer stock, the Agriculture and Food Minister, Mr Sharad Pawar, said here.

"We have no immediate plan for wheat import. The condition of wheat crop is good and the risk peiod is over," he told newsmen. "Efforts are on to be self-sufficient. Our approach is to improve production and productivity", Mr.Pawar added.

Replying to a query about whether the government was considering a bonus over and above the minimum support price (MSP) of wheat, Mr.Pawar opened that the current MSP was attractive enough to effect purchases from the domestic market.