Wheat Export Ban: DGFT Asks Authorities To Issue Registration of Contracts To Exporters; Check Details
2 years, 7 months ago

Wheat Export Ban: DGFT Asks Authorities To Issue Registration of Contracts To Exporters; Check Details

News 18  

Even as the wheat export ban by the government has some exemptions where the outbound shipment can be allowed, the Directorate General of Foreign Trade has asked authorities to issue registration of contracts to the wheat exporters who have irrevocable letters of credit. The government last week banned the export of wheat with immediate effect in order to control food prices in the domestic market. “The decision to restrict wheat exports will control food prices, strengthen the food security of India and countries facing a deficit, and that India remains a reliable supplier as it is honouring all contracts,” the food ministry has said. Food Secretary Sudhanshu Pandey has ealier said retail prices of wheat and wheat flour in India have risen in the past year by up to 19 per cent, and the government’s decision to ban wheat export is expected to cool down the domestic prices in a week or so. Egypt Supply Minister Ali Moselhy said any agreements by Egypt’s government to purchase Indian wheat will not be affected by an export ban announced by New Delhi.

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History of this topic

Centre imposes stockholding limits on wheat
6 months ago

Centre imposes stockholding limits on wheat

New Indian Express  

NEW DELHI: The Centre on Monday imposed a stock limit on wheat to reduce hoarding of the grain and stablise its prices. “The government is open to all options if the stock limit would not cool down the price such as by reducing import duty and would soon think to dump wheat in the open market through open market sales …

India plans to reduce wheat import duty from July in a bid to cool prices
6 months ago

India plans to reduce wheat import duty from July in a bid to cool prices

Live Mint  

India is set to resume wheat imports by lowering the duty on inbound shipments while also imposing stock limits on the grain, three officials said, in a new attempt to tame prices and boost supplies. Also this | Govt misses wheat procurement target for second consecutive year, procures 26.6 mt—28.7% lower than target “As per my understanding and discussions at …

India considering to import 8-9 million tonnes of wheat from Russia amid inflation: Report
1 year, 4 months ago

India considering to import 8-9 million tonnes of wheat from Russia amid inflation: Report

India TV News  

India is reportedly in talks with Russia to import 8 to 9 million tonnes of wheat to help reduce the prices of the commodity in the domestic market, reported TASS news agency citing The Economic Times. Despite India needing only 3 to 4 million metric tonnes of wheat to plug a shortfall, it is considering a bigger import to have …

Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise
1 year, 4 months ago

Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise

India TV News  

As inflation is soaring high in the country, the Union Government on Wednesday declared that it has decided to sell additional 50 lakh tonnes of wheat and 25 lakh tonnes of rice from the central pool in the open market in order to check the price rise. "The government has decided to offload 50 lakh tonnes of wheat and 25 …

Govt to sell 20 lakh tonnes of wheat in open market to bring down prices
1 year, 10 months ago

Govt to sell 20 lakh tonnes of wheat in open market to bring down prices

India TV News  

In order to control price rise, the government has said that it will sell an additional 20 lakh tonnes of wheat in open market to bring down prices of wheat and wheat floor. "So far, 50 lakh tonnes of wheat have been decided to be offloaded under the OMSS. The reduction in reserve price along with additional offloading of 20 …

Ban on wheat exports may hit farm incomes
1 year, 10 months ago

Ban on wheat exports may hit farm incomes

Hindustan Times  

On Monday, HT reported that the ban on export of wheat and non-premium rice is likely to continue beyond March. They include elevated domestic inflation for cereals, low grain stocks with the government and uncertainty over weather outlook for the two most important cereal crops in the rabi and kharif season. The former suffered heavily because of a premature heat …

India likely to continue curbs on wheat, rice exports
1 year, 10 months ago

India likely to continue curbs on wheat, rice exports

Hindustan Times  

India may extend its ban on wheat exports beyond March and continue curbs on overseas shipments of non-premium varieties of rice to cool local prices and expand the government’s purchases of cereal stocks, which are at their lowest level in five years, two people familiar with the development said. The government banned wheat exports in May last year as overseas …

Centre may continue curbs on wheat export
1 year, 10 months ago

Centre may continue curbs on wheat export

Live Mint  

New Delhi: India may extend its ban on wheat exports beyond March and continue to curb shipments of non-premium rice to tamp down local prices while expanding purchases of cereal stocks that are at their lowest in five years, two people familiar with the development said. The government banned wheat export in May 2022 as shipments quickened due to the …

India set to offer wheat to flour millers, biscuit makers to tame prices
2 years ago

India set to offer wheat to flour millers, biscuit makers to tame prices

Live Mint  

India is set to offer 2 to 3 million tonnes of wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. As open market prices rose above the rate at which the government buys …

DGFT Allows Export Of Flour Made From Imported Wheat
2 years, 2 months ago

DGFT Allows Export Of Flour Made From Imported Wheat

Live Law  

The Director General of Foreign Trade has allowed the export of flour made from imported wheat.The export policy of wheat or Meslin flour, maida, saolina rava, wholemeal atta, and resultant atta is prohibited.However, export of wheat flour will be allowed against Advance Authorisation and by Export Oriented Units and units in Special Economic Zones. The Director General of Foreign Trade …

Govt Permits Exports of Wheat Flour Under Advance Authorisation Scheme
2 years, 2 months ago

Govt Permits Exports of Wheat Flour Under Advance Authorisation Scheme

News 18  

The government has allowed exports of wheat flour under the advance authorisation scheme and by export-oriented units and firms in special economic zones. Wheat processors had earlier approached the government seeking permission for wheat import under the advance authorisation scheme, so that they can export value-added products. A notification dated August 27 was amended “to the extent that export of …

India allows exports of wheat flour processed from imported grain
2 years, 2 months ago

India allows exports of wheat flour processed from imported grain

Live Mint  

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 on Friday, conceding to the demands of food processors to allow shipments of value-added products. Wheat exports from India, also the world's second biggest consumer of the staple, surged after Russia's invasion of Ukraine hit …

Govt Bans Export of Wheat Flour, Maida, Semolina
2 years, 3 months ago

Govt Bans Export of Wheat Flour, Maida, Semolina

News 18  

After banning wheat exports in May, the government on Saturday prohibited exports of wheat flour, maida, semolina and wholemeal aata with a view to curb rising prices. “The Cabinet Committee on Economic Affairs…has approved the proposal for amendment of policy of exemption for wheat or meslin flour from export restrictions/ban,” an official statement has said. Wheat flour exports from India …

Wheat flour exports to be restricted
2 years, 3 months ago

Wheat flour exports to be restricted

Deccan Chronicle  

Chennai/New Delhi: After wheat, export of wheat flour too could be banned or restricted soon. The Cabinet has given its approval to either restrict or ban wheat flour exports. The Cabinet Committee on Economic Affairs has on Thursday approved the proposal for amendment of policy of exemption for wheat or meslin flour from export restrictions or ban. India had banned …

Wheat Flour Exports: CCEA Okays Amending Policy To Put Curbs On Outbound Shipment
2 years, 4 months ago

Wheat Flour Exports: CCEA Okays Amending Policy To Put Curbs On Outbound Shipment

News 18  

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to amend the policy of exemption for wheat or meslin flour. The move will now allow putting restrictions on the export of wheat flour, which will ensure a curb on rising prices of wheat flour in the country. “The Cabinet Committee on Economic …

DGFT Notifies Procedure For Submission Of Requests For Seeking IMC's Approval For Export Of Wheat Flour
2 years, 5 months ago

DGFT Notifies Procedure For Submission Of Requests For Seeking IMC's Approval For Export Of Wheat Flour

Live Law  

The Director General of Foreign Trade has notified the procedure for submission of requests for seeking the approval of Inter-Ministerial Committees for the export of wheat flour. To get the necessary NOC from IMC for the export of wheat flour, all exporters must submit their request in the ANF 2N application format. Online submitted full applications in the necessary format …

Govt puts curb on wheat flour to contain rising price
2 years, 5 months ago

Govt puts curb on wheat flour to contain rising price

India TV News  

Wheat flour export ban: The government has decided to restrict export of wheat flour, maida and semolina to contain the rising price. "Export policy of wheat flour remains free but export shall be subject to recommendation of inter-ministerial committee on export of wheat," the Directorate General of Foreign Trade said in a notification. In a statement said a moratorium has …

India exported 1.8 million tonnes wheat to several countries since ban: Food Secretary
2 years, 5 months ago

India exported 1.8 million tonnes wheat to several countries since ban: Food Secretary

The Hindu  

India has exported 1.8 million tonnes of wheat to a dozen-odd countries, including Bangladesh and Afghanistan, since the country banned exports of the grain on May 13, according to Food Secretary Sudhanshu Pandey. The Secretary said, “It is important here to explain that the recent decision by the Government of India to bring about regulation on wheat exports was essentially …

India exported nearly 30 lakh tonnes of wheat in 2022: Govt
2 years, 6 months ago

India exported nearly 30 lakh tonnes of wheat in 2022: Govt

Live Mint  

The Union government has exported nearly 30 lakh tonnes of wheat in 2022 so far and is mulling requests from some countries for the supply of the grain, the government said on 22 June. Responding on the issue of plans to ban wheat flour export, Food Secretary Sudhansu Pandey said the government is monitoring the situation and would take steps …

Is the ban on wheat exports good policy?
2 years, 6 months ago

Is the ban on wheat exports good policy?

The Hindu  

Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The government may have acted for these reasons, but it has hurt farmers’ incomes and the impact on inflation may not be very high because global food prices are still high. Explained | Why India, world’s largest producer of sugar, …

Is the ban on wheat exports good policy? | The Hindu Parley podcast
2 years, 6 months ago

Is the ban on wheat exports good policy? | The Hindu Parley podcast

The Hindu  

Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. The move came in the midst of persistently high inflation, spurred by rising food …

After wheat and sugar, curb on rice exports next?
2 years, 6 months ago

After wheat and sugar, curb on rice exports next?

Firstpost  

Some have warned that a curb on rice exports could further upset the global community that is already irked over the wheat and sugar export ban After the Indian government curbed exports of wheat and sugar, now rice could be next to ensure enough domestic supply and stave off a price hike. Some have warned that a curb on rice …

Wheat confusion: The Hindu Editorial on India’s restriction on wheat export
2 years, 7 months ago

Wheat confusion: The Hindu Editorial on India’s restriction on wheat export

The Hindu  

India, which surprised the world with its decision to bar wheat export with immediate effect, appears to be on the defensive now after its May 13 announcement. Addressing a UN “Global Food Security Call to Action” ministerial meeting a few days ago in New York, Minister of State for External Affairs V. Muraleedharan emphasised that the restrictions made allowance for …

India exported wheat worth $177 mn in March, $473 mn in April
2 years, 7 months ago

India exported wheat worth $177 mn in March, $473 mn in April

The Hindu  

India has exported wheat worth $177 million in March and $473 million in April even after the Russia-Ukraine conflict started in late February to help other countries overcome food crisis, sources said. According to them, India exported wheat even at a time when about eight nations, including Ukraine, Belarus, Turkey, Egypt, Kazakhstan and Kuwait, had imposed wheat export restrictions. "Still, …

'Shouldn't Go Way of Covid Jabs': Criticised for Wheat Export Ban Amid Rise in Food Prices, India Slams West
2 years, 7 months ago

'Shouldn't Go Way of Covid Jabs': Criticised for Wheat Export Ban Amid Rise in Food Prices, India Slams West

News 18  

Voicing its concern over hoarding and discrimination amid the unjustified increase in food prices, India has called out the West and said food grains should not go the way of the Covid-19 vaccines. In order to manage our own overall food security and support the needs of neighbouring and other vulnerable developing countries, we have announced some measures regarding wheat …

Wheat caught in crossfire: How an export ban is affecting wheat prices
2 years, 7 months ago

Wheat caught in crossfire: How an export ban is affecting wheat prices

India Today  

From war to heatwaves and floods to drought, wheat, a crucial global food, is under attack and is getting more expensive day by day. After India suspended global sales, wheat prices jumped internationally even as they started plunging in the domestic market. IN NUMBERS: The latest government estimate shows that wheat production will be five per cent lower than last …

Boon to ban: How the wheat export story changed in two months
2 years, 7 months ago

Boon to ban: How the wheat export story changed in two months

The Hindu  

The story so far: On May 13, the government effectively banned the export of wheat. On March 25, to a supplementary question raised by Congress leader Anand Sharma in the Rajya Sabha regarding improving wheat exports, given that Russia and Ukraine the two large exporters of the commodity were in the middle of a war, Commerce and Industry Minister Piyush …

G-7 likely to increase pressure on India to reverse wheat export ban
2 years, 7 months ago

G-7 likely to increase pressure on India to reverse wheat export ban

The Hindu  

Members of the G-7 countries are expected to appeal to India to reverse the ban on wheat exports during the upcoming G-7 summit in Germany which is likely to be attended by Prime Minister Narendra Modi. The information about the G-7's stance towards the ban of wheat exports came as India sent Minister of State for External Affairs V Muralidharan …

Domestic wheat prices fall up to 8 per cent after India bans exports
2 years, 7 months ago

Domestic wheat prices fall up to 8 per cent after India bans exports

Op India  

Following the restrictions imposed by the Government of India on wheat export, the price of wheat is coming down for the consumers. Anjani Agarwal, president of Roller and Flour Millers Federation of India, said in a statement that the timely ban on wheat export would increase domestic availability. He said, “The decision to ban wheat export was timely, and it …

Govt. amends curbs on wheat export
2 years, 7 months ago

Govt. amends curbs on wheat export

The Hindu  

The Centre has amended its wheat export ban order of May 13 to allow export consignments that were registered in the Customs Department’s systems and handed over for examination on or prior to May 13 to be shipped out, the Commerce and Industry Ministry said on Tuesday. Reiterating the intent behind last week’s ban order, the ministry said the decision …

U.S. hopes India would reconsider wheat export ban
2 years, 7 months ago

U.S. hopes India would reconsider wheat export ban

The Hindu  

The U.S. hopes India will “reconsider” its decision to ban wheat exports, with Washington “encouraging" countries not to restrict exports as that will exacerbate food shortages, amidst Russia's invasion of Ukraine. On May 19, Secretary of State Antony Blinken will preside over an open debate on the ‘Maintenance of International Peace and Security: Conflict and Food Security.’ On the eve …

After India declared 'wheat export ban', global prices hit record high
2 years, 7 months ago

After India declared 'wheat export ban', global prices hit record high

India TV News  

Highlights Wheat prices increased globally after India imposed a ban on exports Wheat prices risen over 60% this year, driven up by disruption from Russia's invasion of Ukraine The two European countries account for almost a third of the world's wheat exports Wheat prices increased after India imposed a ban on exports, stoking pressure on food costs as tight global …

Govt allows exporting wheat consignments registered with customs before ban order
2 years, 7 months ago

Govt allows exporting wheat consignments registered with customs before ban order

India TV News  

Highlights On May 13 this year, the DGFT had notified the ban on export of wheat The govt had earlier restricted wheat exports to manage the overall food security situation in India Now the govt has allowed wheat consignments registered with the customs authority Relaxing norms, the government on Tuesday said it has decided to allow shipments of wheat consignments …

India's surprise wheat export ban traps 1.8 MT at ports: trade
2 years, 7 months ago

India's surprise wheat export ban traps 1.8 MT at ports: trade

The Hindu  

India's wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market, four dealers told Reuters. But of the about 2.2 million tonnes of wheat currently at ports or in transit there, traders have LCs for only 4,00,000 tonnes, a Mumbai-based dealer with …

India’s surprise wheat export ban traps 1.8 mln T at ports: Report
2 years, 7 months ago

India’s surprise wheat export ban traps 1.8 mln T at ports: Report

Live Mint  

India's wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market, four dealers told Reuters. But of the around 2.2 million tonnes of wheat currently at ports or in transit there, traders have LCs for only 400,000 tonnes, a Mumbai-based dealer with …

Wheat prices hit record high as India restricts exports
2 years, 7 months ago

Wheat prices hit record high as India restricts exports

Live Mint  

Wheat prices surged to a record high on Monday after India decided to ban exports of the commodity as a heatwave hit production. "Now, the agriculture ministers from G7 urge India not to ban wheat exports, then why won't G7 nations themselves move to stabilize food market supply by hiking their exports?" According to the GT, if some Western countries …

Wheat Crisis: Procurement For States Extended; Know Details On India's Export Ban
2 years, 7 months ago

Wheat Crisis: Procurement For States Extended; Know Details On India's Export Ban

News 18  

Amid requests by state governments and UTs to continue the procurement process, the Centre has asked wheat-producing states and UTs with procurement closing dates expiring early to continue procurement till May 31, 2022. Wheat procurement has been extended till May 31 in six states, including Uttar Pradesh and Madhya Pradesh, where it was to end early this month, the food …

Wheat Crisis Explained: What Led To India's Export Ban, Will Prices Fall Now?
2 years, 7 months ago

Wheat Crisis Explained: What Led To India's Export Ban, Will Prices Fall Now?

News 18  

The government has banned the export of wheat with immediate effect in order to control food prices in the domestic market. The daily average retail price of wheat has increased 19.34 per cent to Rs 29.49 per kg on May 9, compared with Rs 24.71 per kg a year ago. Food Secretary Sudhanshu Pandey has said retail prices of wheat …

'No threat to food security', says Central Government after wheat export ban
2 years, 7 months ago

'No threat to food security', says Central Government after wheat export ban

India TV News  

Highlights We have adequate food stocks, there is no threat to food security, said government on wheat export Wheat production last year was 1,095 LMT and wheat procurement was 433 LMT Wholesale, retail price of wheat had been increasing consistently due to exports & demands Hours after it imposed a ban on wheat export, the government on Saturday said it …

Banning wheat exports will worsen crisis: G7 nations criticise India's move
2 years, 7 months ago

Banning wheat exports will worsen crisis: G7 nations criticise India's move

India Today  

After India banned wheat exports, G7 nations condemned India's decision as German agriculture minister Cem Ozdemir said it "would worsen the crisis." Meanwhile, the German agriculture minister, Cem Ozdemir, while commenting on India's decision to ban wheat exports, said: "If everyone starts to impose export restrictions or to close markets, that would worsen the crisis." READ | Why wheat prices …

Congress slams wheat export ban, says move \'anti-farmer\'
2 years, 7 months ago

Congress slams wheat export ban, says move \'anti-farmer\'

Deccan Chronicle  

Udaipur: The Congress on Saturday hit out at the government over the ban on the export of wheat, saying it was an "anti-farmer" measure as it deprives farmers of reaping the benefit of higher export prices. According to an official notification, India has banned wheat exports with immediate effect as part of measures to control rising domestic prices. Asked about …

Congress slams wheat export ban, says move 'anti-farmer'
2 years, 7 months ago

Congress slams wheat export ban, says move 'anti-farmer'

The Hindu  

The Congress on May 14 hit out at the government over the ban on the export of wheat, saying it was an "anti-farmer" measure as it deprives farmers of reaping the benefit of higher export prices. According to an official notification, India has banned wheat exports with immediate effect as part of measures to control rising domestic prices. Asked about …

India bans exports of wheat, citing threat to food security
2 years, 7 months ago

India bans exports of wheat, citing threat to food security

Associated Press  

NEW DELHI — India has banned exports of wheat effective immediately, citing a risk to its food security, partly due to the war in Ukraine. A notice in the government gazette by the Directorate of Foreign Trade, dated Friday, said a spike in global prices for wheat was threatening the food security of India and neighboring and vulnerable countries. Apart …

India Bans Wheat Export With Immediate Effect to Manage Rising Inflation; Know More
2 years, 7 months ago

India Bans Wheat Export With Immediate Effect to Manage Rising Inflation; Know More

News 18  

India has put a ban on the export of wheat with immediate effect, the ministry of commerce said in a notification in a late Friday night notification. The Directorate General of Foreign Trade in the notification dated May 13 has said that the wheat export ban was imposed due to a sudden rise in the price of the food grain …

India prohibits wheat export after decadal high in prices reported
2 years, 7 months ago

India prohibits wheat export after decadal high in prices reported

Hindustan Times  

In an apparent bid to curb local price surge, India has temporarily banned wheat exports with immediate effect. "The export policy of wheat … is prohibited with immediate effect…," the Directorate General of Foreign Trade said in a notification on Friday night. However, wheat exports will be allowed on the basis of permission granted by the government to other countries …

India prohibits wheat exports with immediate effect to curb rising prices
2 years, 7 months ago

India prohibits wheat exports with immediate effect to curb rising prices

India Today  

India has prohibited wheat exports with immediate effect, the government said in a notification late on Friday, as the world's second-biggest wheat producer tries to calm local prices. Global buyers were banking on India for wheat supplies after exports from the Black Sea region plunged since Russia invaded Ukraine in late February. The prices of wheat and wheat products in …

Congress slams wheat export ban by central government, says move 'anti-farmer'
2 years, 7 months ago

Congress slams wheat export ban by central government, says move 'anti-farmer'

India TV News  

Highlights Congress party today hit out at central govt over ban on the export of wheat It was an anti-farmer measure as it deprives farmers of reaping benefit of higher export prices India has banned wheat exports with immediate effect, said an official notification The Congress on Saturday hit out at the government over the ban on the export of …

India bans wheat exports, cites food security and soaring prices
2 years, 7 months ago

India bans wheat exports, cites food security and soaring prices

Al Jazeera  

India has banned exports of wheat effective immediately, citing a risk to food security, partly due to the war in Ukraine and as a scorching heatwave curtailed output and domestic prices hit a record high. Although not one of the world’s top wheat exporters, India’s ban could drive global prices to new peaks given already tight supply, hitting poor consumers …

India bans wheat exports with immediate effect citing food security factor
2 years, 7 months ago

India bans wheat exports with immediate effect citing food security factor

India TV News  

Highlights Central Government bans wheat exports with immediate effect It's done to manage overall food security of India & to support needs of neighbouring countries Meanwhile, DGFT announced the easing of export conditions for onion seeds India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to the official notification. "The export …

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