About 17 lakh tonnes of India's wheat is stuck at various ports. It is likely to get worse in the rain. India had allowed the shipment of 469,202 tonnes of wheat abroad since the ban on exports last month. These shipments have mainly moved to Bangladesh, the Philippines, Tanzania, and Malaysia. On May 14, the export of wheat was banned because of the situation arising out of the scorching heat and domestic prices going to record high. However, exports were allowed under the exception of those shipments which were to be sent through letters of credit already issued. Also, exemptions were given to countries that had sought India's help to meet their food security needs.
Meanwhile, Turkey returned a consignment of 56,877 tonnes of wheat from India on 29 May amid the wheat crisis between Russia-Ukraine. An Istanbul-based businessman was said to have found the rubella virus in wheat, which prompted the Turkish Ministry of Agriculture to send the consignment back to the port of Kandla. The ship will be back by mid-June. India's Food Secretary Sudhanshu Pandey said that the government has sought information from the Turkish authorities and the exporters claim that all necessary approvals were taken for this.
sent more wheat in the hope of a good harvest
According to three dealers of global companies, before the ban was imposed, exporters had shipped wheat in large quantities to the ports. By that time good crop yields were expected. Traders expected India to clear shipments of 8 million to 10 million tonnes or more this year. Last year exports of 72 lakh tonnes were allowed.
Kandla and Mundra Port have maximum wheat
A dealer of a global trading firm in Mumbai said that Kandla and Mundra Ports have the maximum stock of wheat. More than 1.3 million tonnes of wheat are lying at these two ports. The government was required to issue export permits immediately. This was because wheat was in the open at the ports. It can come at any time in the grip of rain. A dealer said it was not possible to move wheat out of the ports and into the inner cities for local consumption. This will cause even more losses to the traders due to loading and transportation costs.
The government deal must be approved
Dealers said the government should allow the export of wheat lying at the ports for the government deal. Significantly, many countries facing a shortage of India have demanded a supply of more than 1.5 million tonnes of wheat.
Also Read: Cabinet Meeting: Shopping on GeM portal crosses one lakh crore rupees, small businessmen benefit
Virat vs Gambhir: Virat Kohli was fined more than one crore, but there was no loss, understand the whole matter
The dispute between Virat Kohli and Gautam Gambhir has been in discussion in the cricket world for many days. On 1 May, Royal Challengers Bangalore beat Lucknow Supergiants by 18 runs. During this
Weather Update: Relief from the fog in these states including Delhi, cold wave continues in eastern UP and Bihar
According to the latest forecast released by the Indian Meteorological Department, there is a possibility of getting relief from the cold in some states including Delhi. IMD scientists say that fog
India-China Border Clash: China's first statement came on the clash of PLA soldiers with India, know what it said
While Defense Minister Rajnath Singh has given a statement in Parliament on the clash between Indian and Chinese soldiers in Tawang, Arunachal Pradesh, now the first statement has also come from China
China's military drill starts again on the second day: Chinese jets enter Taiwan airspace, Pelosi said - we will not leave Taiwan alone
China has started the second day's military drill near Taiwan. During this, Chinese jets again entered Taiwan's airspace. Taiwanese Defense Ministry said – On Friday morning, several Chinese
Operation Silkyara: The patience of the workers trapped in the tunnel for six days is now giving way... They said - when will you take us out?
The patience of the workers trapped in the Silkyara tunnel for the last five days is now wearing thin. He is asking when will you throw us out. MD Rizwan, who is doing welding work in the tunnel, gave
IPL Auction 2024: Rishabh Pant will bet on players sitting at the auction table, and said - that childhood dream is being fulfilled
Indian team's star wicketkeeper batsman and Delhi Capitals captain Rishabh Pant will be seen in a different role in the auction this time. Pant's teammates are part of the auction and many franchises
First Republic Bank: JP Morgan will buy First Republic Bank, depositors will get full money
America's 14th-largest First Republic Bank has been acquired after failing banking operations. JPMorgan Chase & Co won the bid to acquire the bank. JP Morgan will acquire First Republic's assets,
Home Minister Shah's security lapse in Mumbai: A man who roamed around the Home Minister for hours, posing as the PA of Andhra MP, arrested
A case of security lapse has come to the fore in Union Home Minister Amit Shah in Mumbai. During Shah's visit to Mumbai, a suspect walked around him for several hours. When the officers got
Sandeshkhali: The BJP delegation angry at being stopped from going to Sandeshkhali, said- will visit after getting permission from SC
Sandeshkhali of West Bengal is in the headlines these days. Meanwhile, the BJP delegation says that we will now personally talk to the protesting women in the area, after taking permission from the
KEAM 2023: Kerala CCE released the KEAM rank list; Admission will also be available based on NEET score.
CEE KEAM 2023 Rank List Out: The Commissioner of Entrance Examinations (CEE) Kerala has published the rank list of Kerala Engineering, Agriculture, and Medical (KEAM) entrance examinations. Candidates