Pic courtesy Adobe.com
New Delhi: The Government of India (GoI) has banned export of wheat with immediate effect in view of the sudden spike in global prices.
According to a notification issued by Director General of Foreign Trade Santosh Kumar Sarangi, wheat has been put under the “prohibited” category.
The notification stated that the step was taken to manage overall food security in India and to support neighbouring vulnerable countries.
Exceptions will be made if the GoI grants needs-based special permission to other governments on request. Also, all export deals agreed before the directive was issued could still be honoured.
Wheat prices have gone up substantially after Russia’s decision to attack Ukraine, more so as the two countries are the biggest producers of the commodity.
A few days ago, the Ministry of the Trade & Commerce had recently stated that India will send a trade delegation to nine countries to boost wheat exports. It further said that India has set a record target of 10 million tonnes of wheat export in 2022-23.
Bhubaneswar: IOCL chairman Shrikant Madhav Vaidya has congratulated Odisha's Animesh Pradhan, who secured 2nd rank…
New Delhi: The Mancherial district police have booked a case against a school correspondent and…
New Delhi: In a startling revelation, the world's largest consumer goods company Nestle adds sugar…
Bhubaneswar: Severe heatwave is likely to prevail at isolated pockets in Mayurbhanj, Nuapada, Anugul and…
New Delhi: The Election Commission of India (ECI) on Thursday issued a gazette notification for…
Puri: The cutting of logs for construction of the three chariots for the annual Rath…
New Delhi: Versatile Bollywood actress Alia Bhatt and Olympic medal-winning wrestler Sakshi Malik have been named…
Kochi: Kerala Police have registered a case against two female foreign tourists for destroying pro-Palestine…