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.
The world's most expensive film Avatar - The Way of Water is releasing tomorrow. The film is made
This year on June 21, on World Yoga Day, Andhra Pradesh will create a new record with 2.5 lakh pe
Canada Khalistani Terrorist Hardeep Singh Khalistani terrorist Hardeep Singh Nijjar living in Can
Lok Sabha Speaker Om Birla while advising the MPs on Thursday said in the House not to make alleg
Vivo Y35 launched with powerful processor, will get 256 GB storage
Vivo Y35 Launch: Vivo has launched its new Y series phone Vivo Y35 4G. This phone has currently b
In his speech, Uddhav Thackeray neither mentioned any conspiracy, adopts an attacking attitude, n
After the T20 series between India and England, the ODI series will start today. The first match
The Russia-Ukraine war is not going to stop even amid Christmas. Russia told that the war will co
Team India will not go to Pakistan to play Asia Cup. This has been confirmed by the President of
Jharkhand Chief Minister Hemant Soren shared an emotional post on the demise of his father and Jh
