-Factly.in The Government of India recently imposed restrictions on Wheat exports, in a bid to control rising food prices, ensuring domestic food security. However, this comes after India’s record exports of both Rice & Wheat in 2021-22 putting the export targets for 2022-23 in jeopardy. The Government of India recently imposed restrictions on Wheat exports. Among the reasons cited for the imposition of these restrictions are the controlling rising food prices, ensuring...
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Centre warns of CBI, EoW action against post-dated wheat export LCs -Sanjeeb Mukherjee
-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...
More »Livestock Sector in India Has Shown Remarkable Resilience, Expert Says -Rosamma Thomas
-Newsclick.in India produces 22% of the world’s total milk production; India is also the largest sheep and goat meat exporter. It is among the largest Exporters of bovine meat too. There must be something that livestock producers in India have got right, argues Dr Kohler-Rollefson. On April 11, 2022, researcher Dr Ilse Kohler Rollefson, who has long worked among the camel herders of Rajasthan, delivered the keynote address at the National Livestock...
More »Pradeep Multani, president of the PHD Chamber of Commerce and Industry, interviewed by Kaushal Shroff (TheWire.in)
-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...
More »Wheat export at 70.30 lakh tonnes till Mar 21 this fiscal: Govt tells Parliament
-PTI/ Business Standard "The total export of wheat in terms of quantity during 2021-22 (till 21st March 2022) was 70.30 LMT" The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Lanka and UAE, Parliament was informed on Friday. As both Ukraine and Russia are major Exporters of wheat with more than 25 per cent total share in the global wheat...
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