As India's pulse production has increased, it now wants to lift the ban on exports in 2014. This will help raise the domestic prices to farmers who would otherwise suffer due to the market's glut. India's Economic Growth Story Could Return The World Bank has projected that India's economy will grow over 6 percent in 2014/15 and 7.1 percent by 2016/17 as global demand recovers and domestic investment increases. According to the World Bank report, weaker growth in India is due to many years of rising inflation, and the current account deficit has opened up a large negative output gap that is expected to gradually close as the economy slowly recovers. Better Indian performance will be heavily reflected in the region's growth, which is expect...

TAGS – Wheat, India