New Delhi: The government has put a curb on the export of wheat by placing it under the “prohibited” category. In an order issued late Friday night, Ministry of Commerce Said that this is being done to manage the country’s overall food security and require the support of neighboring and vulnerable countries.
As per the notification, wheat will be allowed only in the case of “loading where” irrevocable letter of credit has been issued” on or before the notification. It states, “The permission for export shall also be granted on the basis of the permission granted by it”. Indian government to other countries to meet their food security needs and based on requests from their governments.”
TOI had reported on Friday that the government was ready to take a call on slowing down wheat exports amid concerns over a fall in foodgrain stocks. Food Corporation of India (FCI). The issue of wheat stock with the government to meet the statutory requirement under the Food Security Act and other welfare schemes had come up before the committee of ministers headed by the Union Home Minister. Amit Shah on Thursday.
Officials had expressed concern over the current pace of wheat exports to other countries and a possible trend for the next few months due to the protracted Russo-Ukraine war.
As per the notification, wheat will be allowed only in the case of “loading where” irrevocable letter of credit has been issued” on or before the notification. It states, “The permission for export shall also be granted on the basis of the permission granted by it”. Indian government to other countries to meet their food security needs and based on requests from their governments.”
TOI had reported on Friday that the government was ready to take a call on slowing down wheat exports amid concerns over a fall in foodgrain stocks. Food Corporation of India (FCI). The issue of wheat stock with the government to meet the statutory requirement under the Food Security Act and other welfare schemes had come up before the committee of ministers headed by the Union Home Minister. Amit Shah on Thursday.
Officials had expressed concern over the current pace of wheat exports to other countries and a possible trend for the next few months due to the protracted Russo-Ukraine war.