-Business Standard Since Wheat export was banned on May 13, the government has been cracking down on exporters who are waiting to have their orders cleared on the basis of invalid LCs Serving a warning to unscrupulous Wheat exporters, the government on Monday said if after a probe it was found they had issued post-dated letters of credit (LCs), they would be proceeded against under the Foreign Trade Act. It can take help...
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Why India’s heatwave holds lessons for the world -Ishan Kukreti
-Scroll.in A global Wheat crisis has made the world pay attention to India’s scorching temperatures. But more needs to be done to make agriculture climate resilient. India experienced its hottest March this year since the Indian Meteorological Department started recording weather data in 1901. April was no better: the heatwave continued and 14 weather stations breached their previously registered highest temperature records. The heatwave made global headlines since it scorched the Wheat crop...
More »Wheat export ban, food security and public health -Harinder Happy And Shivam Mogha
-The New Indian Express Rice has never been a staple food of Punjab, and the irony is that the rice crop covers the largest fertile area in Punjab. The recent developments regarding the international trade of Indian Wheat has sparked a debate about India’s export policies. Besides the economics of the export ban move and India’s foreign policy, the public health perspective should also influence decisions regarding the trading and distribution of...
More »"Beg India To Reconsider Wheat Export Ban As Soon As Possible": IMF Chief
-NDTV.com India banned Wheat exports earlier this month as an intense heat wave hit output and domestic prices hit a record high. Davos: International Monetary Fund (IMF) chief Kristalina Georgieva on Tuesday implored India to reconsider its ban on Wheat exports, saying the country could play a key role in international food security and global stability. "I do have an appreciation for the fact that India needs to feed nearly 1.35 billion people...
More »Govt Wheat procurement down by 53% to 182 lakh tonnes in 2022-23
-PTI/BusinessToday.in The Wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in Wheat output and increased exports. The government's Wheat procurement fell by 53 per cent to 182 lakh tonnes so far in the current 2022-23 marketing year compared to the year-ago period on aggressive buying by private players for export purposes, according to official sources. The...
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