Wheat, Atta, Maida Exports Allowed With Immediate Effect
What Happened
The government has lifted the ban on wheat exports with immediate effect, changing the export policy from "Prohibited" to "Free". The decision also allows exports of wheat products such as atta, maida, semolina (suji/rava), and durum wheat. The move was announced through notifications issued by the Directorate General of Foreign Trade (DGFT).
Key Takeaways
The policy shift is expected to boost exports and provide new opportunities for traders after years of restrictions imposed to protect domestic supplies and control food inflation. Improved wheat production and stock availability paved the way for the decision.