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  • DAILY CURRENT AFFAIRS:To meet food security, the government banned the export of wheat

To meet food security, the government banned the export of wheat

Tags: National News

The Government of India has banned the export of wheat with immediate effect, considering the need for the support of neighbouring countries to manage the country's overall food security. The government has placed the export of wheat in the "prohibited" category.

Important Facts :

  • According to the Directorate General of Foreign Trade (DGFT), export of wheat will be allowed in the case of shipments where credit of credit has been issued on or before May as a corona period arrangement.

  • According to the DGFT, exports to other countries can be allowed only on the basis of permission granted by the central government to meet their food security needs and based on the request of their governments.

  • The notification issued by the department said that the Government of India is committed to provide for the food security needs of its country, neighbouring and other vulnerable developing countries which are adversely affected by the sudden change in the global market of wheat.

Indian business delegation will visit many countries: 

  • On the other hand, in the midst of a ban on export of wheat, the Government of India has set a target of exporting 10 million tonnes of food grains in the year 2022-23.

  • The Union Government has decided to send business delegations to Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria and Lebanon to explore possibilities of promoting wheat exports from India.

Formation of a task force on wheat export : 

  • The commerce ministry has recently constituted a task force on wheat exports with representatives of various ministries including commerce, shipping and railways and exporters under the Agricultural and Processed Food Products Export Development Authority (APEDA) to boost exports.

  • The demand for Indian wheat has increased in the global markets and farmers, traders and exporters have been advised to adhere to all quality norms of the importing countries.

  • In this context, it is the agenda of the Government of India that the country should emerge on the world stage by emerging as a reliable supplier of food grains in the coming times.

For specific information on this, see the news of May 13, 2022;

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