Sunday, September 20, 2026

India allows export of 25 lakh tonnes of wheat despite overall ban

Date:

The Government of India has permitted the export of 25 lakh metric tonnes (LMT) of wheat, amending the existing export policy under the Foreign Trade Policy, 2023.According to a release dated February 24, 2026, issued by the Directorate General of Foreign Trade (DGFT), the export policy for wheat under ITC (HS) Codes 10011900 and 10019910 will continue to remain “Prohibited”. However, export of 25 LMT of wheat shall be allowed, subject to modalities to be notified separately through a Public Notice to be issued by DGFT.

The notification clarifies that the existing policy condition laid down in DGFT Notification dated May 13, 2022, will continue to apply. Under this provision, exports may also be permitted on the basis of approval granted by the Government of India to other countries to meet their food security needs, based on requests from their governments.

The permitted export of 25 LMT will be over and above the government-to-government exports already allowed for food security purposes. Detailed procedures and conditions governing the newly permitted quantity will be specified separately.The amendment has been issued in exercise of powers conferred under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, as amended, and in accordance with provisions of the Foreign Trade Policy, 2023.Also read: India allows export of 25 lakh metric tons (LMT) wheat, 5 LMT wheat products, additional 5 LMT sugarWith this decision, while the overall export policy for wheat remains restricted, a defined quantity of 25 lakh metric tonnes has been allowed for export under specified conditions, in addition to shipments cleared under government-to-government arrangements for food security.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

India likely to discuss second half borrowing on September 25, sources say

India's government officials are likely to meet next Friday...

Asia’s ‘economy of one’: How solo living is reshaping spending, care and business

The rise of one-person households across parts of Asia...

India’s GDP will rise to $38 trillion in 20 years: Ajit Doval

National Security Advisor (NSA) Ajit Doval said on Saturday,...

Uday Kotak’s reform call for India, says ‘break the gold puzzle, never waste a crisis’

India could be running a current account surplus but...