New Delhi: Taking note of the record wheat production, Central Government is mulling to lift a four-year-old ban on wheat exports. The decision for allowing wheat exports would be taken after considering the actual figure of yield and arrival of new crop in the markets.

"We are thinking about wheat exports. The decision may be taken by April-end or May," Minister of State for Agriculture Arun S Yadav told reporters on Tuesday on the sidelines of a conference.

The exports would be considered only after ensuring the domestic demand is fully met, he said.

As per the official estimates, the country is heading for record wheat production of 81.4 million tonnes this year, which is far more than wheat production last year. Besides, there is enough stock available at the government godowns.

The harvesting has begun in some states and procurement of wheat from major wheat producing states is expected to start from next month.

Yadav said that the wheat yield in ongoing Rabi (winter) season is good and steep rise in the wheat production is expected.

The nodal agency for procurement and distribution of foodgrains, the Food Corporation of India (FCI) is geared up for the wheat purchase. According to the FCI, wheat procurement in Madhya Pradesh and Gujarat has already begun. However, the procurement rate is comparatively slower than last year.

Wheat procurement is likely to begin in Punjab and Haryana from first week of April. In the wake of surplus production, the FCI has set a higher procurement target of 26.2 million tonnes for 2011-12 marketing year (April-March), as against 22.51 million tonnes last year.

JPN/Bureau