Indian Council of Applied Economic Research study says bans on export of wheat & rice were ‘knee-jerk’ reactions. Govt should adjust its trade policy, not sell at prices lower than MSP.
The new wheat variety, HD 3385, has been developed by ICAR's Indian Institute of Rice Research to not only make the crop tolerate heat stress, but also to increase its yield.
Modi govt had in May put restrictions on wheat exports. However, these didn't apply to consignments registered before 13 May & to requests for meeting food security demands.
India’s U-turn on wheat exports is a result of incorrect estimates derived from an archaic crop forecasting system devised 4 centuries ago by emperor Akbar’s finance minister.
India is willing to consider requests to send wheat on a case-to-case basis, and maintains other countries have taken more restrictive measures in the face of food security issues.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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