Wheat Export Ban to Help Control Prices, Regulate Trade in Right Direction: Commerce Secy

Wheat Export Ban to Help Control Prices, Regulate Trade in Right Direction: Commerce Secy

Explaining the rationale behind the decision, the commerce secretary said the primary goal was to put a "check on inflation"

Wheat Export Ban To Help Control Prices, Regulate Trade In Right Direction: Comm Secretary

Explaining the rationale behind the decision, the commerce secretary said the primary goal was to put a

Wheat export ban to help control prices, regulate trade, says govt

'There is no dramatic fall in production. I do not think there is a crisis which needs to be imagined. There is adequate food available in government stocks and private stocks,' says commerce secy

‘Wheat Export Ban To Help Control Prices, Regulate Trade in Right Direction,’ Says Commerce Secretary BVR Subrahmanyam

The government has banned wheat exports with immediate effect. However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed. Subrahmanyam said that the decision was taken at the right time. ‘Wheat Export Ban To Help Control Prices, Regulate Trade in Right Direction,’ Says Commerce Secretary BVR Subrahmanyam.