India bans wheat exports with immediate effect ...Middle East

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India bans wheat exports with immediate effect
NEW DELHI: India has banned wheat exports with immediate effect as it seeks to bolster its food security.The Directorate General of Foreign Trade (DGFT) under the Commerce Ministry in a notification dated May 13 said as a result of high global prices “arising out of many factors”, India’s food security was at risk.However, it clarified that wheat exports will be allowed “on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their governments.”The export ban comes as the Russia-Ukraine war has disrupted global supplies of wheat and other key commodities.It runs counter to India's hope of boosting wheat ex

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