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India limits wheat exports through the govt route as prices rise

This is starting from November last year

wheat production
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Photo: Bloomberg

Asit Ranjan MishraSanjeeb Mukherjee
India has put curbs on wheat exports through the government route, starting November last year. This comes amid a surge in domestic prices of the cereal.  

In December, India exported 391 tonnes of wheat to Bangladesh and Bhutan. In November 2022, it had exported 375 tonnes of wheat only to Bhutan. This compares to a total of 65,684 tonnes exported to countries such as Bangladesh, Indonesia and Malaysia in October. During April-December, India exported 4.6 million tonnes of wheat to around 69 countries.

As wheat prices showed considerable spike in view of a surge in export orders due to the