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The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies "to meet their food security needs".
MUMBAI, May 14 — India banned wheat exports today, just days after saying it was targeting record shipments this year, as a scorching heatwave curtailed output and domestic prices soared to an all-time high. The government said it would still allow exports backed by already issued letters of...
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.
The government was upbeat of exporting wheat till now, if recent comments made by officials are anything to go by
India has banned wheat exports, citing heightened risk to food security in the country and some of its neighbors arising from a sudden spike in the global prices of wheat.