Wheat export ban back in place

The government on Monday cancelled permission for exporting up to 9 lakh tonnes of wheat, just ten days after easing the ban on overseas shipment of the food grain.

The government on Monday cancelled permission for exporting up to 9 lakh tonnes of wheat, just ten days after easing the ban on overseas shipment of the food grain.

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The Directorate General of Foreign Trade (DGFT) in a notification issued on Monday said it was rescinding its July 3 notification, which effectively brings the ban back in place.

On July 3, it had said: “The export of wheat shall be limited to 3 lakh tonnes each through MMTC, PEC and STC, respectively, up to March 31, 2010.”

However, the DGFT has so far not withdrawn the go-ahead on the export of up to 6.5 lakh tonnes of wheat products by March-end next year.

The government had slapped a ban on the export of wheat and wheat products in 2007 to boost domestic supply.