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Retaining wheat export curbs to be a priority for PM Modi as polls loom

An extension of the export curbs would probably bolster the global wheat market, where supplies are tight because of dry weather in US growing areas and a drop in Ukrainian supplies

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Photo: Bloomberg

Pratik Parija, Bibhudatta Pradhan and Vrishti Beniwal | Bloomberg
Keeping the cost of staple foods in check to protect the poor will be a top priority for Indian Prime Minister Narendra Modi as he plans for polls in several states this year and the all-important general election in 2024.
 
That means the government will likely extend export curbs for wheat, which is an essential part of the diet and key to food security for many of the country’s 1.4 billion people. State reserves of wheat used to supply the food program for the poor have shrunk to the smallest for this time of year since 2017, which shows the