Europe is in turmoil after India’s ban on wheat exports. India has sent 61,500 tonnes of wheat to Egypt after the export ban. At the same time, dozens of countries have pleaded for wheat in front of India. Out of the total wheat to be sent to Egypt, 17160 tonnes of wheat was approved by the customs after the ban. However, all other necessary formalities were completed even before the ban was imposed.
Mera International Pvt Ltd, which took this consignment to Egypt, got customs clearance after the export ban. Although the wheat was already loaded. On 17 May, it had departed from Kandla Port in Gujarat. Let us tell you that India is the second largest wheat producing country in the world. On May 13, the government had decided to ban the export of wheat to ensure food security within the country.
If a country is facing a food crisis and it requests from India, then wheat can be sent to it as a help. The official said that India can also accept the request of some countries facing the crisis. However, he refused to name any country. Let us inform that after the record production of the last five years, for the first time in India, there has been a decrease in production.
Even before the ban on exports, India had contracted for the export of 450 million tonnes of wheat. Due to Russia’s attack on Ukraine, there has been a shortage of wheat all over the world. In April 2022, Indian traders sold 140 million wheat abroad. Traders took advantage of the increasing demand for wheat across the world. India had exported a record 785 million tonnes in the last financial year.