Just export some of that grain mountain

Export of four major agro items — rice, wheat, corn and soyameal or rapemeal — is expected to take a beating this year. It is estimated at 16 million tonnes (mt) in 2013-14, down 33 per cent from 24 mt in 2012-13. Export realisation may decline by 28 per cent to $7.85 billion (Rs 43000 crore) from $10.7 billion (Rs 58000 crore). Export of all these items is freely allowed, while FCI’s wheat is also shipped through three canalised agencies.

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