India lifts ban on wheat exports; allows shipments awaiting customs clearance

17 May, 2022 | Riya Girdhar

India, the world's second-largest wheat producer, has banned wheat exports in an effort to keep domestic prices under control amid concerns that scorching heat waves will reduce wheat output.

According to the most recent government update, wheat consignments handed over to customs for assessment and registration into their systems on or before May 13 will be approved for export.

The government also permitted the loading of a wheat consignment bound for Egypt at the Kandla port. This follows the Egyptian government’s request to allow the wheat cargo to be loaded at the Kandla port.

M/s Mera International India Pvt. Ltd, the company responsible for the wheat’s export to Egypt, had also given a representation for the completion of loading of 61,500 MT of wheat, of which 44,340 MT had already been loaded and only 17,160 MT remained to be loaded. The government decided to allow the entire consignment of 61,500 MT to sail from Kandla to Egypt.

India, the world’s second-largest wheat producer, has banned wheat exports in an effort to keep domestic prices under control amid concerns that scorching heat waves will reduce wheat output.

According to the order, the restriction will not apply in cases where private trade has made prior commitments through Letters of Credit, as well as situations where the Government of India grants permission to other countries to meet their food security needs and on the request of their governments.