date:Jan 17, 2014
India is likely to soon permit more wheat exports as the world's second-biggest producer of the grain looks set to harvest a record crop this year, government sources said, swelling stockpiles in an oversupplied world market.
The South Asian nation is extremely cautious about allowing exports of wheat, a staple for its 1.2 billion population, and lifted a four-year-old ban on shipments in 2011 by allowing only private traders to sell on the world market.
But a succession of bumper crops and po