Centre lifts ban on wheat exports amid depressed local prices
The Government of India lifted the wheat export ban with immediate effect and removed export restrictions for wheat flour and specified wheat products due to depressed domestic prices.
GS3The HinduGS3Wheat export policyAgriculture and farmer incomeDomestic price control
What happened: wheat export ban lifted and restrictions eased for key wheat products
The Government of India lifted the export ban on wheat and wheat products with immediate effect. The Government of India said the decision aims to boost farmers’ income because domestic wheat prices remain depressed.
The Government of India also removed export restrictions for wheat flour and other wheat-based products, including maida, semolina, and wholemeal atta.
Background and earlier position: limited exports earlier in the year; ban imposed in May 2022
Earlier in the year, the Government of India allowed limited wheat and wheat-product exports.
In May 2022, the Government of India banned wheat exports to control rising domestic prices.