India tops the list of wheat producing countries in the world, but Indian wheat (Indian WheatThe countries around the world were unaware of the taste of ) in the past years, but the Russo-Ukraine War (Russia-Ukraine War) among Indians worldwide Wheat demand has increased. Actually Russia and Ukraine are called wheat stronghold, till earlier years both countries used to meet the wheat requirements of most of the countries of the world, but due to the ongoing war between Russia-Ukraine, the supply of wheat across the world was affected. happened. Meanwhile, the demand for Indian wheat has increased tremendously. For example, in this time of crisis, the wheat produced by the hard work of Indian farmers is quenching the hunger of the people of the world. Now 9 other countries are also going to join this episode. For which the preparations have started.
Government will explore the possibilities of wheat export in 9 countries
India has set a target of exporting a record 10 million tonnes of wheat in 2022-23 amid rising global demand. Under which preparations are being made by the Ministry of Commerce and Industry to explore the possibilities of wheat export in 9 countries. In this episode, the central government has planned to send delegations to Morocco, Tunisia, Indonesia, Philippines, Thailand, Vietnam, Turkey, Algeria and Lebanon to discuss wheat exports. While the government has formed a task force for wheat exports under the aegis of Agricultural and Processed Food Products Export Development Authority (APEDA) with representatives from various ministries. Along with this, the central government has asked to follow the quality norms of wheat. In 2021-22, India exported a record seven lakh metric tonnes of wheat worth $2.05 billion.
1 million tonnes of wheat to be exported to Egypt
In the midst of the Russo-Ukraine war, India has emerged as the largest buyer of wheat in Egypt. Egypt has signed an agreement of 10 lakh tonnes of wheat with the Government of India. Under which this wheat will be exported from India to Egypt. At the same time, before the war, countries like Yemen, Afghanistan, Qatar have emerged as new customers of Indian wheat. Whereas till 2020-21, India used to export 54 percent of wheat to Bangladesh.
Wheat is being sold at a higher price than MSP
Rabi season in the country is still in its final stages. Under which the harvesting of the new crop of wheat is also on the final stage. Meanwhile, the procurement process of wheat at the Minimum Support Price (MSP) is also going on. This year the MSP of wheat has been fixed by the government at Rs 2015 per quintal, but farmers across the country are getting wheat prices higher than the MSP. At present, the model price of wheat in the market remains Rs 2300 to 2400 per quintal.