17th September, 2002
Ministry of Consumer Affairs, Food & Public Distribution  


FOODGRAINS EXPORT CROSSES 150 LAKH TONNES


As on September 13, 2003, the Food Corporation of India has received payment for 151.86 lakh tonnes of wheat and rice for purpose of export. This comprises 84,20482 tonnes of wheat and 67,66,289 tonnes of rice. Already 134.88 lakh tonnes of foodgrains comprising 82,11,460 tonnes of wheat and 52,76,672 tonnes of rice has been lifted for export. India has now emerged as the second largest exporter of rice and the sixth largest exporter of wheat in the world and is expected to be the largest exporter of rice during the current year. So far foreign exchange worth more than Rs. 6656 crore (approx.) has been earned through export of foodgrains from the central pool and the country is poised to be a regular exporter of wheat and rice.

According to Shri Sharad Yadav, Minister of Consumer Affairs, Food and Public Distribution there has been a spurt in the export of wheat and rice in recent months and since July 2002 alone the exporters have deposited money with Food Corporation of India for purchasing 24 lakh tonnes of rice and 15 lakh tonnes of wheat for the purpose of export.

Wheat is being exported to 23 countries from India including Bangladesh, Egypt, Indonesia, Kuwait, Malaysia, Myanmar, Philippines, Qatar, Singapore, South Korea, Sri Lanka, Sudan, Taiwan, Thailand, UAE, Vietnam and Yemen. Rice exports are mainly to 33 countries including Bahrain, Bangladesh, Ethiopia, Indonesia, Iraq, Ivory Coast, Kenya, Kuwait, Malaysia, Mozambique, Nigeria, Philippines, Saudi Arabia, Singapure, Somalia, South Africa, Sri Lanka, Tanzaina, UAE and Yemen.

Government has initiated several promotional measures to boost export of foodgrains from the central pool. Quantitative Restriction (QRs) on export of rice, wheat and wheat products have been removed subject to the condition that stocks in the central pool would not be lower than 243 lakh MTs (143 lakh MTs of wheat and 100 lakh MTs of rice) at any point of time. An Empowered Standing Committee has been set up to take expeditious decision on matters relating to export of foodgrains regularly. Transporters are also being allowed WTO compatible post-delivery expenses and inland transport expenses for promoting exports.

As on August 2002 the central pool has 201.25 lakh tonnes of rice and 396.58 lakh tonnes of wheat.