After India's ban on wheat exports, the G7 countries started criticizing India amid a jump in wheat prices across the world on Monday. This decision of India has deepened the crisis in America, Canada, Europe, and Australia. Wheat became costlier by 6 percent in Chicago on Monday. Western countries have criticized this decision of India and blamed it for this inflation. Although China took India's side on this decision, saying that the global food crisis cannot be solved by blaming developing countries.
Wheat production has decreased in India due to scorching heat and heatwave. In such a situation, seeing the rising price of wheat in the domestic market, the central government had decided to ban the export of wheat. However, a few days ago, the government had set a target of 10 million tonnes of wheat exports, which was enough to make up for the short supply due to the Ukraine crisis. But because of the inflation in the domestic market, the government decided to change the export policy. Rising wheat prices are creating a crisis for European countries already suffering due to the Ukraine war.
China bluntly, stop blaming developing countries
The Chinese government's newspaper Global Times said, blaming developing countries like India will not solve the food crisis. Developed countries (G7 members) stop doing this. Just as the agriculture ministers of the G7 countries are appealing to India to lift the ban on wheat exports, why don't they stabilize the supply of the food market by increasing their exports?
The Global Times wrote in its editorial that although India is the second-largest producer of wheat in the world, it accounts for only a small portion of global wheat exports. In contrast, some developed economies, including the US, Canada, the European Union, and Australia, are among the major exporters of wheat. If some Western countries reduce wheat exports because of a possible global food crisis, they will not be in a position to criticize India. China said India is under pressure to supply wheat to its people at this time. So his decision is not wrong.
18 lakh tonnes of wheat stuck at Indian ports
After India's ban, about 18 lakh tonnes of wheat are stuck at Indian ports. In such a situation, selling this wheat in the comparatively weak domestic market will hurt the sellers. Officials said, existing export sales would be allowed through letters of credit and government deals to meet food security requirements.
Indian rapper Raftaar has accused Canadian rapper Tommy Genesis of hurting religious sentiments i
The Indian Army has built the first 3D-printed housing for its soldiers. This residence built in
The armies had shown their tactics at the second gate of the Chakravyuh. She has tried all her we
Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday praised former Prime Mini
German Foreign Minister Annalena Bayerbach has described India as a natural partner of Germany. H
Malayalam Suspense Drama Kerala Crime Files Released: Ever since the trailer release of the Malay
England defeated India by 22 runs. On the last day of the Lord's Test on Monday, the hosts bowled
India is once again witnessing a massive surge at the box office, thanks to Aditya Dhar's spy-act
Coronavirus cases are increasing rapidly in India once again. The number of active cases in the c
Milk Price Hike: Milk of Amul and Mother Dairy becomes expensive, new rates apply from today
The Gujarat Co-operative Milk Marketing Federation has increased the prices of Amul milk by Rs 2
