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Govt to buy wheat, shell out a whopping $390 per tonne

NEW DELHI, SEPTEMBER 3: After cancelling wheat import tenders for 10 lakh tonnes of grain on the excuse that $263 per tonne quoted by global suppliers was too high a price, the Government on Monday decided to buy 7.9 lakh tonnes of wheat by paying 150 per cent more or $390 per tonne, ostensibly to build its buffer sto  ....Read more

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