Tuesday, April 8, 2008

India plans 5m tonne strategic grain reserve

(NEW DELHI) The Indian government has decided to establish a strategic reserve of five million tonnes of food grains - over and above the buffer stock - to meet emergency situations due to domestic inflation and tightening wheat and rice prices in the global market, local newspaper The Hindu reported.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,274176,00.html?

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