Volume 20 No 12 (2022)
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A Study on India’s Role in Phenomena of Exporting Wheat During the Russia-Ukraine War.
Mullapudi. Krishna Rao , Dr.M.UmaDevi
India is the world’s second-biggest wheat producer after China. India has suspended wheat export effective 13 May 2022 on a notification published in the Government gazette. The Directorate General of Foreign Trade (DGFT) will issue a notification to this effect. A government release said the decision was taken against the backdrop of the Russia-Ukraine war. The center said both countries are major exporters of wheat and are responsible for around 1/4th of the global wheat trade. The conflict between them led to global wheat supply chain disruptions increasing demand for Indian wheat. As a result, the price of wheat on the domestic market showed an increase. To ensure the food security of 1.4 billion people in the country, the decision was taken to put a prohibition on the export of wheat until 2022.
Wheat, Gazette, Notification, Disruption, Security, Prohibition, Export
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