India Permits Export of 25 Lakh Tonnes of Wheat Amid Stable Stock Levels
3 hours agoBusiness
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3 SourcesNew Delhi, India
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India Permits Export of 25 Lakh Tonnes of Wheat Amid Stable Stock Levels

The Indian government has permitted the export of 25 lakh metric tonnes of wheat, reversing the previous prohibition. Additionally, exports of 5 lakh tonnes of wheat flour and related products are allowed. This decision, announced in February after assessing stock and price conditions, aims to stabilize domestic markets and support farmers. Wheat stocks with private entities and the Food Corporation of India indicate a comfortable supply, and exports beyond the set limits require government permission to address other countries' food security needs.

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