Wheat export ban to continue to ensure adequate supplies in India: Goyal

Union minister Piyush Vedprakash Goyal has notified that the export of Wheat to other countries will continue to be banned in India to keep a check on the enough production of the foodgrain that would suffice the needs of the domestic market and can also focus on the rate of inflation.

“I could believe that we will have a good harvest despite the unseasonal rains…We do believe that we will have to ensure adequate supplies for the Indian market and once the procurement period is over, we believe that it will be important that inflation is also contained in the country and therefore it is important that the wheat exports continue to remain banned,” the commerce and industry and consumer affairs, food and public distribution minister told reporters here.

By Business Correspondent