What’s in the news?
- The Union Government has prohibited wheat export with immediate effect to manage the overall food security of the country and to support the needs of the neighbouring countries and other vulnerable countries.
- The Directorate General of Foreign Trade has issued a notification in this regard.
- It has been further stated that export will also be allowed on the basis of permission granted by the Government to other countries to meet their food security needs and based on the request of their government.
- There is a sudden spike in the global prices of wheat due to several factors and as a result, food security of India, neighbouring countries and other vulnerable countries is at risk.