Citing threat to food security, the Government has “prohibited” export of wheat.
The decision was taken on Friday, in view of the “sudden spike in the global prices of wheat arising out of many factors”
Significantly, the order came two days after the Government had decided to send trade delegations to a number of countries to explore possibilities of export of wheat.
The global agriculture market has been destabilised by the Russian invasion of Ukraine, a major wheat producing nation that is a big supplier to the European market.
Apart from national requirements, the order also cites, the priorities of the South Asian neighbourhood in dealing with the spike in global wheat prices.
The Ministry of Commerce and Industry also placed export of onion seeds under the “prohibited” category. Both the orders regarding wheat and onion seeds have come into effect immediately.