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Govt puts curbs on wheat flour exports

PTI
Updated: July 7th, 2022, 19:44 IST
in Business, Home News
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New Delhi: After banning wheat exports in May, the government has imposed restrictions on outbound shipments of wheat flour or atta, maida and semolina, a move aimed at containing price rise.

Exporters of these commodities would now need approval of the inter-ministerial committee on export of wheat for the shipments from July 12.

“Export policy of wheat flour (atta) remains free but export shall be subject to recommendation of inter-ministerial committee on export of wheat,” the Directorate General of Foreign Trade (DGFT) said in a notification.

The new approval framework will be applicable for wheat flour (atta), maida, semolina (rava/ sirgi), wholemeal atta and resultant atta.

According to the notification, the necessary modalities with regard to quality of wheat flour will be notified separately.

The provisions under the Foreign Trade Policy regarding transitional arrangement would not be applicable under this notification.

In 2021-22, India exported wheat flour worth USD 246.57 million.

In May, India banned wheat exports in a bid to check high prices amid concerns of wheat output being hit by a scorching heat wave.

PTI 

Tags: flourwheat
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