India approves wheat, broken rice exports requests from 4 countries

India approves wheat, broken rice exports requests from 4 countries

India has decided to approve wheat and broken rice exports to few selected countries following their requests to allow the shipments of the grains, the government said in two separate notifications issued late on Tuesday. The South Asian country banned exports of wheat and broken rice in 2022 to lower local prices. But following requests, … Read more

Government imposes stock limits on wheat till March 2024; to offload 15 lakh tonnes under OMSS to check prices

Government imposes stock limits on wheat till March 2024; to offload 15 lakh tonnes under OMSS to check prices

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

Wheat export doubles to USD 1.48 bn in April-September

Wheat export doubles to USD 1.48 bn in April-September

New Delhi: The country’s wheat exports more than doubled to USD 1.48 billion during April-September 2022-23 as compared to the year-ago period, the commerce ministry said on Wednesday. The exports stood at USD 630 million in the year-ago period. Though the government banned wheat exports in May, some shipments are allowed to meet food security … Read more

MP: Banned wheat exports to ensure adequate domestic supply, says Union minister

MP: Banned wheat exports to ensure adequate domestic supply, says Union minister

Union Minister Kailash Choudhary on Sunday said the Centre had placed a ban on wheat exports to ensure adequate availability of the food grain in the country. The ban was put in place on May 14 in order to control domestic prices amid concern that wheat output may be hit due to a prevailing heatwave. … Read more

India open to exporting wheat to needy nations despite ban

India open to exporting wheat to needy nations despite ban

India on Sunday said it would keep a window open to export wheat to food-deficit countries at the government level despite restrictions announced two days earlier. Commerce Secretary B.V.R. Subrahmanyam told reporters the government will also allow private companies to meet previous commitments to export nearly 4.3 million tons of wheat until July. India exported … Read more