India has already imported 1.79 million metric tonnes of wheat since July as demand outpaced local supplies. But the government has now claimed that it will not need to import any more wheat in the near future. The international markets of course work on better information sources. They know that India is now among the major wheat importing nations, and unlike many others, it will not import wheat for animal feed. It will therefore demand better quality wheat in the international markets. You reap what you sow and pay for what you don’t.
The writer heads Indicus Analytics
laveesh@indicus.net
Epaper
Newsletter
Stocks
Weather
Horoscope
