No fears of food crisis: Nath

New Delhi, Aug 7 (PTI) Allaying apprehensions of a food
crisis in view of poor monsoon, Minister of Road Transport and
Highways Kamal Nath Friday said the country has enough
foodgrain reserves to tackle even the worst monsoon situation.

"There is no panic. We have enough foodstocks to counter
even the worst monsoon scenario," he said.

Nath who was the commerce and industry minister in the
previous government said an assessment of the impact of the
poor monsoon can be gauged in the next two weeks. "Whatever
may be the assessment, the poor monsoon may impact rural
purchasing power but not food supply."

Nath said the two factors of delay in monsoon in some
parts of the country and poor rainfall in others have
endangered the prospects of paddy and some other crops, but it
is not yet time to be sceptical about foodgrain supply.

Separately the minister said India is likely to attract
Foreign Direct Investment (FDI) worth USD 10 billion in the
road sector in the next 2-3 years. PTI BKP
JVN
NNNN




The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.