Too many flip-flops and about-turns

Policy rollbacks and modifications happening too frequently spook businessmen - both domestic and global

The final act of the wheat ban announcement is still playing out. The Union commerce ministry has just put a precondition that wheat exported at a government-to-government level can only be used for domestic consumption and not be exported to a third country. Meanwhile, hundreds of trucks with about 4 lakh tonnes of wheat meant for Bangladesh are stuck in West Bengal as Customs authorities are not allowing them to go forward, according to news reports.

A brief recap of the sequence of events is in order. The Russia-Ukraine war has triggered a global shortage because Ukraine is one of the