After Wheat Ban, India Now Curbs Exports Of Flour And Other Products. Here

New Delhi: After banning wheat, the Centre has introduced restrictions on exports of wheat flour and different associated merchandise together with maida, semolina (rava/ sirgi), wholemeal atta and resultant atta. The order has been issued by the Directorate Common of International Commerce (DGFT) and it’ll come into impact from July 12. The brand new order makes it necessary for all exporters to hunt prior permission from the inter-ministerial committee on wheat export earlier than endeavor any outbound cargo.Additionally Learn – Curd, Paneer, Wheat Now Costly; 5 Per Cent GST to be Levied on Pre-packed And Labelled Meals Objects

World provide disruptions in wheat and wheat flour have created many new gamers and have led to cost fluctuations and potential quality-related points, the DGFT mentioned. The notification mentioned it’s crucial to keep up the standard of wheat flour exports from India.

Why restrictions imposed on wheat flour export

The export coverage of wheat flour does stay free and there’s no outright ban on it, nonetheless, exporters should search permission from an Inter-Ministerial Committee on wheat export.

Additionally, earlier than this revised coverage comes into impact, sure consignments of wheat flour will probably be allowed to be exported together with conditions whereby the loading of wheat flour on the ship has commenced earlier than this notification, and the place wheat flour consignment has been handed over to the Customs and is registered of their system. In Might 2022, the Centre amended the export coverage of wheat by placing its export below the “prohibited” class.

The federal government had then acknowledged that the transfer was made with the aim to handle the general meals safety of the nation in addition to assembly the wants of the neighbouring and different weak international locations.

(With inputs from ANI)