India, second-largest wheat producer, bans exports amid food supply concerns

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India, second-largest wheat producer, bans exports amid food supply concerns
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India has banned exports of wheat because of a risk to its food security partially due to Russia's attack on Ukraine.

India, the second-largest producer of wheat, has banned exports of the commodity, due to a risk to its food security.

A Friday notice in the government gazette signed by Santosh Kumar Sarangi, the Director General of Foreign Trade, said that a "sudden spike" in the global prices of wheat was putting India, neighboring and other vulnerable countries at risk.

"The export policy of wheat against the above mentioned HS codes is ‘Prohibited’ with immediate effect except for shipments fulfilling the conditions mentioned in [paragraph 2 above which will be allowed as per the procedure outlined in Para 1.05 of the Foreign Trade Policy, 2015-2020," the director wrote.

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