The Government of India announced a sudden ban on export of wheat on May 13, 2022, a few days after Prime Minister Narendra Modi had stated that “at a time when the world is facing a shortage of wheat, the farmers of India have stepped forward to feed the world”. Even a day before the export ban came into effect, Government officials were looking out for possible export locations, indicating that there were no plans for control of wheat exports. With the latest announcement, the Government has sent out confusing policy signals. (Read More)
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