August 21, 2008

 

India frees exports of corn seeds
    

 

India has allowed exports of seeds of two commodities, non-basmati rice and corn, reversing earlier restrictions on such shipments.

 

The seeds being exported should not be fit for human consumption, a statement from the commerce ministry said. The seeds were to have been treated with chemical insecticides and cannot be used for food or feed purposes, the ministry said.

 

India, facing double-digit inflation, has banned exports of corn and non-basmati rice to ensure steady domestic supplies.

 

A record harvest of wheat and expectations of a bumper rice crop have raised hopes that the government may relax some controls.

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