Indian government exempts ban on export of wheat, Egypt requested
Indian government exempts ban on export of wheat, Egypt requested
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New Delhi: The Modi government at the Centre on Tuesday announced some relaxation in restrictions on the export of wheat. Wherever the wheat consignment has been handed over to the customs department for checking and those consignments have been registered in their system on or before May 13, they will be allowed for export, it said. The Commerce and Industry Ministry has said, "It has been decided that wherever the consignment of wheat has been handed over to customs for examination and registered in their system on or before 13.5.2022, such consignments will be allowed to be exported." 

The Centre has also cleared the consignment of wheat bound for Egypt, which was already loading at Kandla port. In fact, earlier, the Egyptian government had requested to allow wheat goods to be loaded at Kandla port. "M/s Mera International India Pvt Ltd, a company engaged in export of wheat to Egypt, had also requested to complete the loading of 61,500 mt of wheat, out of which 44,340 mt of wheat had already been loaded and only 17,160 mt was yet to be loaded," an official statement said. The government has decided to allow the entire consignment of 61,500 metric tonnes and has approved it from Kandla to Egypt. 

Amid concerns that wheat production may be affected due to heat and heatwave, India has banned the export of wheat in order to curb the steep rise in the prices of its major foodgrains. In the last one year, after the retail prices of wheat and its flour have increased by 14-20 per cent, the government has announced a ban on the export of wheat to control the retail prices. The decision will help in controlling the price of wheat and meeting the food requirements of neighbouring and vulnerable countries.

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