Centre rules out curbing wheat exports despite drop in output, procurement

According to Centre's assessment, closing stock of wheat in FY23 is expected to be about 8 mn tonnes, higher than 7.5 million tonnes buffer requirement

India’s wheat production in 2022-23 marketing is expected to fall by almost 5.7 per cent to 105 million tonnes from an earlier estimate of 111.32 million tonnes and official purchases are set to halve to just 19.5 million tonnes, but still it won’t impose any curbs on exports as year-end closing stocks are seen adequate after meeting all requirements.

Detailing for the first time, the country’s official position on several critical issues related to wheat exports and production, Food Secretary Sudhanshu Pandey today said the agriculture ministry has revised the wheat production estimate downwards to 105 million tonnes for the