For the first time in 15 years, the government on Monday imposed stockholding limits on wheat with immediate effect till March 2024 in order to contain rising prices of the key commodity. The government also decided to offload 15 lakh tonnes of wheat to bulk consumers and traders from the central pool in the first … Read more
The government on Tuesday said it is too early to predict any damage to the wheat crop due to heat stress in February. In a written reply to Lok Sabha, Union Agriculture Minister Narendra Singh Tomar said, “In the month of February 2023, though the maximum temperature was hovering around 32-33°C in most of the … Read more
India’s wheat export ban and usage of the peace clause to protect its food programmes against action from trade disputes have come under fire at the World Trade Organisation (WTO). The US, Japan, Canada and Thailand have questioned both these measures and, along with Uruguay, requested consultations with India on the usage of the peace … Read more
The sudden ban on wheat exports has resulted in complete collapse of the export pipeline. According to trade estimates, about 7,000 trucks loaded with wheat are stuck at various ports, of which 4,000 trucks are from Madhya Pradesh. The government has said that it will allow those exports to carry on, which have letter of … Read more