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India considering measures to cool high wheat prices: Govt official

India has been considering measures to cool domestic wheat prices, which jumped to a record high this week as supplies dwindled, Food Secretary Sanjeev Chopra said on Thursday

Acros combine harvesters drive through a wheat field during the summer harvest on a farm. Photo: Bloomberg

India weighs steps to cool record wheat prices, government sources say

Reuters NEW DELHI

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NEW DELHI (Reuters) - India has been considering measures to cool domestic wheat prices, which jumped to a record high this week as supplies dwindled, Food Secretary Sanjeev Chopra said on Thursday.

The world's second-biggest producer of the grain banned wheat exports in May, but that has failed to stop domestic prices from rising.

(Reporting by Mayank Bhardwaj; editing by Jason Neely)

 

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 19 2023 | 5:47 PM IST

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