India has no plan to import wheat as sufficient stock ready to meet local demand, government says

"There is no such plan to import wheat into India. Country has sufficient stocks to meet our domestic requirements and FCI has enough stock for pubic distribution," the Department of Food & Public Distribution wrote in a reply to the news item on Twitter. A Bloomberg report today said state reserves have declined in August to the lowest level for the month in 14 years, according to Food Corp. of India, while consumer wheat inflation is running at close to 12%.

from Agriculture-Economy-News-Economic Times https://ift.tt/laH1SvP

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