India Region

Indian government bans export of wheat flour, maida, semolina and wholemeal flour

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29 August 2022, New Delhi: After the ban on the export of wheat, now the government has banned the export of wheat flour, maida, semolina and wholemeal flour to control the rising prices in the domestic market.

The decision was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA). However, export of these items will be permitted in certain cases subject to the permission of the Government of India.

Earlier, on 13 May 2022, the Government of India had banned the export of durum wheat with immediate effect, citing food security issues.

Marketing season 2022 has been successful for farmers in India. This was the first time in years that the current wheat prices in local markets were above the minimum support price (MSP) of Rs. 2,015 per quintal for the crop season 2021-22. Farmers in Madhya Pradesh were able to sell their produce in the local market at a price of Rs 2,400-2,500 per quintal. The Punjab State Government had to shut down the MSP procurement centers at various places as there was no arrival. Similar was the case with MSP centers in Madhya Pradesh.

Also Read: With the new fertilizer bag policy in place, how will the farmers buy the fertilizer of their preferred company

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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