Government allows export of 25 lakh tonnes of wheat

The government has permitted the export of 25 lakh tonnes of wheat, according to a commerce ministry notification. While the overall export policy for wheat remains prohibited, this specific quantity has been allowed. The decision was made earlier...

IANS
In a farmer-centric step to stabilise domestic markets and ensure remunerative returns to producers, the Centre on Friday approved the export of 25 lakh metric tonnes (LMT) of wheat, along with an additional 5 LMT of wheat products.
New Delhi: The government on Tuesday permitted exports of 25 lakh tonnes of wheat, according to a commerce ministry notification. The decision was taken earlier this month, but the directorate general of foreign trade (DGFT) notified it on Tuesday.

"The export policy of Wheat ...continues to remain prohibited. However, export of 25 Lakh Metric Tonnes (LMT) of Wheat is permitted," the DGFT said.

This decision was taken in January by the Centre. It said that the detailed modalities for this purpose shall be notified separately.

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