sm78
18 November 2009, 10:54 PM
http://ibnlive.in.com/news/pranab-warns-of-food-shortage-says-india-may-import-rice/105488-3.html?from=tn
New Delhi: Expecting a 14-15 million shortfall in paddy production and procurement this year, India may import rice to shore up its stocks, Finance Minister Pranab Mukherjee said in New Delhi on Wednesday.
"There is a projection that there will be a shortfall of our kharif (summer) crop. So we may have to make some imports," Mukherjee told reporters on the sidelines of an event organised by the Union Bank of India.
"As of now, the government has six million tonnes of surplus rice and seven million tonnes of wheat stocks," the minister added.
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New Delhi: Expecting a 14-15 million shortfall in paddy production and procurement this year, India may import rice to shore up its stocks, Finance Minister Pranab Mukherjee said in New Delhi on Wednesday.
"There is a projection that there will be a shortfall of our kharif (summer) crop. So we may have to make some imports," Mukherjee told reporters on the sidelines of an event organised by the Union Bank of India.
"As of now, the government has six million tonnes of surplus rice and seven million tonnes of wheat stocks," the minister added.
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