In a notification issued by the government, it has been said that banning the export of wheat will help in managing the overall food security of the country. Apart from this, due to the shortage of wheat and rising prices, the increase in the prices of flour in the local markets in the last few days will be seen.

The central government took a big decision on Saturday to handle the ever-increasing wheat prices internationally and domestically. The DGFT notification said that the export of all types of wheat is being banned with immediate effect. This step has been taken keeping in view the food security of the country. We are telling you that what difference will this decision of the government make?

1-There will be an immediate reduction in prices
The government’s immediate halt to wheat exports will have the biggest impact on its price, which has now risen by 40 per cent internationally. Along with this, the price of wheat has increased by 13 percent in the last one year at the domestic level. With the ban on exports, its price will come down immediately.

2- The price will reach the fixed MSP
After the reduction in the price of wheat, the second big advantage will be that its price will reach close to the fixed MSP of Rs 2,015 per quintal. Let us inform here that on Friday, the price of wheat in the Delhi market was around Rs 2,340 per quintal, while the bid for export was done at Rs 2575-2610 per quintal at the ports.

Procurement from 3-states will be encouraged
Lower prices may help the government to boost its purchases from states where traders and hoarders are holding stock in anticipation of a further rise in prices. A report quoted sources as saying that at present 14 to 20 lakh tonnes of wheat are with the traders.

4-Help in food safety management
In a notification issued by the government, it has been said that banning the export of wheat will help in managing the overall food security of the country. Apart from this, it will also have a big impact in terms of supporting the needs of neighboring and other vulnerable countries as the government will have sufficient stock.

5- Benefit of flour being cheap

In the last few weeks, the prices of wheat flour have seen a sharp rise in the local markets due to the shortage and rising prices of wheat. With this decision, the prices of flour will fall and the general public will get a big relief. According to the report, the all-India monthly average retail price of wheat flour in April was Rs 32.38 per kg, the highest since January 2010.

6-Steps in the interest of general public
According to agricultural experts, this step taken by the government in the midst of the current situation is a good step, which is in the interest of the general public. According to agriculture expert Ravindra Sharma, this heat web has already had a negative impact on the production of wheat. He said that due to high exports, the food security of the country was not being managed properly. The private sector has become like an unbridled horse and the example of this is that within four years, the price of wheat has increased five times more than the price of flour.

7-country stock will increase
Ravindra Sharma said that this decision of the government will boost food security and there will be enough stock in the country. Referring to the then government giving right to private companies to buy wheat from farmers between 2005-07, he said that at that time due to huge exports, the Center had to import a huge 7.1 million tonnes within two years, That too for double the price. In such a situation, this step taken by the government can prove to be a big relief.

Beneficial for 8-powered plans

After assessing the fallout, the government decided to allocate 5.5 million tonnes of rice in place of wheat to the states for distribution under the government’s Free Ration Scheme (PMGKAY) for five months starting May. Is. An official was quoted in the report as saying that this would result in immediate release of about 5.5 million tonnes of wheat, which can be used to make stock. Stopping the export of wheat will increase the stock and distribution of wheat can be started again in such schemes.

9-The effect will be visible on food inflation
Due to this decision of the government, food inflation is also likely to come down. Let us tell you that inflation is touching the sky in the country, retail inflation has once again reached 7.79 percent in the month of April, taking a leap. Meanwhile, inflation on food articles has reached a level of 8.38 per cent in April. The retail price of flour in the country is currently at a 12-year high. The reduction in this will bring relief to the public.

10- Inflation rate on wheat will come down
India’s wholesale wheat inflation rate stood at 14 per cent in March, the highest in more than five years. There will also be relief on this front if the prices of wheat come down. This will help in controlling the rising prices domestically.

The central government took a big decision on Saturday to handle the ever-increasing wheat prices internationally and domestically. The DGFT notification said that the export of all types of wheat is being banned with immediate effect. This step has been taken keeping in view the food security of the country. We are telling you that what difference will this decision of the government make?

1-There will be an immediate reduction in prices

The government’s immediate halt to wheat exports will have the biggest impact on its price, which has now risen by 40 per cent internationally. Along with this, the price of wheat has increased by 13 percent in the last one year at the domestic level. With the ban on exports, its price will come down immediately.

2- The price will reach the fixed MSP

After the reduction in the price of wheat, the second big advantage will be that its price will reach close to the fixed MSP of Rs 2,015 per quintal. Let us inform here that on Friday, the price of wheat in the Delhi market was around Rs 2,340 per quintal, while the bid for export was done at Rs 2575-2610 per quintal at the ports.

Procurement from 3-states will be encouraged

Lower prices may help the government to boost its purchases from states where traders and hoarders are holding stock in anticipation of a further rise in prices. A report quoted sources as saying that at present 14 to 20 lakh tonnes of wheat are with the traders.

4-Help in food safety management

In a notification issued by the government, it has been said that banning the export of wheat will help in managing the overall food security of the country. Apart from this, it will also have a big impact in terms of supporting the needs of neighboring and other vulnerable countries as the government will have sufficient stock.

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