The government last week banned the export of wheat with immediate effect in order to control domestic food prices. (Reuters File Photo)
Wherever wheat consignments handed over to Customs for examination, registered on or before May 13, such consignments would be allowed for export
The government on Tuesday announced a relaxation on its orders restricting wheat exports. It said that wherever wheat consignments have been handed over to Customs for examination and registered into their systems on or before May 13, such consignments would be allowed for export.
The commerce ministry announced the relaxation on the May 13 DGFT order that restricted wheat exports. The relaxation applies to consignments handed over to customs on or before May 13. The Indian government has said exports could still take place after the ban if New Delhi approved a request by other governments “to meet their food securities needs”. Egypt was in talks with India on the exemption.
Wheat consignment headed for Egypt is already under loading at the Kandla Port. A total 44,340 million tonnes of wheat had already been loaded, only 17,160 million tonnes was left to be loaded. Mera International India is the company engaged for wheat export to Egypt. The company gave representation to complete loading of 61,500 million tonnes of wheat.
The government last week banned the export of wheat with immediate effect in order to control food prices in the domestic market. “The decision to restrict wheat exports will control food prices, strengthen the food security of India and countries facing a deficit, and that India remains a reliable supplier as it is honouring all contracts,” the food ministry said last week.
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