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Govt to buy 28 mt rice from local farmers

UPDATE 2-India sees record rice buys, export hopes brighten By Mayank Bhardwaj NEW DELHI, Aug 27 (Reuters) - India will buy record quantities of rice from its farmers after a good harvest, a top government official said, raising hopes it will join the ranks of top global producers easing export curbs. India will review its ban on non-basmati exports in November, and the possible return of what was the world's second-biggest rice exporter last year will add further pressure to prices that have slid around a third from their May record high.