India has allowed export-oriented units and the firms set up in Special Economic Zones to export flour made from imported wheat, a government order said. Read more on this in our top headlines
India has allowed export-oriented units and the firms set up in Special Economic Zones to export flour made from imported wheat, a government order said
Wheat is usually sown in around 31 million hectares, mostly in the northern belt
Move to cost the exchequer additional Rs 44,762 crore
Trade and market sources said wheat prices in wholesale markets of Delhi have risen by around Rs 40 per quintal since September 1
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As of August 16, the government has rice stocks of around 26.35 million tonnes in the Central pool
The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi
Egypt contracted to buy the 180,000 tonnes of wheat from India in June.
The govt suspended wheat export on May 13, moving all varieties of wheat, including high-protein durum, from 'free' to the 'prohibited' category
Govt's grain stock reduction is a good development
Grain inventory in central pool, as on July 1, 2022, lowest since 2019
UN Secretary-General Antonio Guterres has hailed what he called "substantive progress" in ensuring the export of Ukrainian food products through the Black Sea.
The Ukrainian government has cancelled the licensing of the exports of wheat and meslin -- a mixture of wheat and rye, the country's Agrarian Policy and Food Ministry said in a statement on Friday
The Centre has made it mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export before undertaking any outbound shipment
States raise matter in central government's meeting on food security, say beneficiaries complaining
The commerce ministry's arm DGFT has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said
India banned wheat exports in May because of lower domestic production, but made allowances for countries like Egypt with food security needs
About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne
On plans to ban wheat flour (atta) export, Food Secretary Sudhansu Pandey said the government is monitoring the situation and would take steps at appropriate time.