The government is keeping a close watch on exports of wheat flour which has witnessed a surge since the ban on wheat shipments was announced on May 13, Sudhanshu Pandey, secretary, ministry of food and public distribution said. “Exports of wheat flour are on the high side, if you compare with previous months,” Pandey said. He said that the government is monitoring the domestic prices of both wheat and flour.
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According to the food ministry, 250,000 tonne wheat flour has been exported since April 1, 2022. Trade sources said monthly exports of wheat flour at this time of year had been around 7,000 to 8,000 tonnes. However, exports have seen a surge to around 100,000 tonnes since the wheat export ban was imposed. Wheat flour is mostly being exported to Sri Lanka, Bangladesh and Nepal. In value terms, exports of wheat or meslin flour jumped by 64% last fiscal from a year before to $ 247 million, according to the DGCIS data. In the current fiscal so far, India has exported close to 3 million tonnes (MT) of wheat. India shipped a record 7 MT of wheat worth $2 billion in FY22, against just 2.1 MT worth $ 0.55 billion in FY21. Several countries such as Bangladesh, Indonesia, the UAE, South Korea, Oman and Yemen have approached India for wheat imports under bilateral arrangements ...
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