ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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From 50 Years Ago (13 May 2006)

turned increasingly towards bilateral arrange-over 4 lakh tons have already been placed FROM 50 YEARS AGO ments for its import of wheat. Under that mainly with the US authorities and negotiaagreement, its annual import quota was fixed tions for an additional lakh tons are now said at 10 lakh tons, but in fact in 1954 it imported to be proceeding. Besides about forty only 1.97 lakh tons. In 1955, it is true, it thousand tons of wheat have already arrived imported a somewhat larger quantity, 4.35 from USSR... lakh tons. Already this year, however, of the If the position in this country becomes at Vol VIII, No 19, May 12, 1956 total imports, 1.29 lakhs were obtained from all more difficult in future, however, and it USA under that Government

FROM 50 YEARS AGO turned increasingly towards bilateral arrange-over 4 lakh tons have already been placed ments for its import of wheat. Under that mainly with the US authorities and negotiaagreement, its annual import quota was fixed tions for an additional lakh tons are now said at 10 lakh tons, but in fact in 1954 it imported to be proceeding. Besides about forty only 1.97 lakh tons. In 1955, it is true, it thousand tons of wheat have already arrived imported a somewhat larger quantity, 4.35 from USSR... lakh tons. Already this year, however, of the If the position in this country becomes at

Vol VIII, No 19, May 12, 1956

total imports, 1.29 lakhs were obtained from all more difficult in future, however, and it

USA under that Government’s Development is no longer possible to obtain large quantitiesImporting Wheat Assistance Programme which is outside the of wheat from USA or other countries which (Weekly Notes) international agreement. have surplus stocks, keeping out of the

Again this year it is reported that 5 lakh Agreement at the moment may not prove to

While India was among the countries to sign tons of wheat are to be imported in order to be in her long-term interests. That depends the International Wheat Agreement in 1953 build up a buffer stock of about a million both upon the internal food position and the when Britain kept out, it has subsequently tons of wheat. Of this amount orders for international supply position in the future.

Economic and Political Weekly May 13, 2006

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