NEWS
India Has Ample Grain Stocks for Export
Tue Jul 16, 2013 07:06 AM CDT

NEW DELHI (Dow Jones) -- India will probably be able to continue exporting grains despite plans to provide heavily subsidized grains to most of its population, Farm Minister Sharad Pawar said Tuesday.

The government hopes to roll out its National Food Security Law, which aims to provide grains at very low cost to 70% of the population, as soon as possible in a move that analysts have said will likely require exports of most grains to be seriously curtailed.

But Mr. Pawar told reporters that good rainfall this monsoon season will likely lead to record autumn harvests, including the main ...

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