Don't want surplus wheat, sugar to go in hand of hoarders: Goyal at WEF

22 countries have food regulations to protect their own food security, says union commerce minister

Commerce and industry minister Piyush Goyal on Wednesday defended India’s decision to impose curbs on export of wheat and sugar, stating that the government didn’t want any surplus to go into the hands of hoarders who would then charge a huge amount from poorer nations.

The decision on export curbs saw reaction from politicians across the world urging India to reconsider its decision, amid surging food prices across the world due to the Russia-Ukraine conflict.

“Every country has had regulations. There are 22 countries that have regulations on food exports to protect their food security. Different nations at different times have had