"Beg India To Reconsider Wheat Export Ban As Soon As Possible": IMF Chief
NDTV
India banned wheat exports earlier this month as an intense heat wave hit output and domestic prices hit a record high.
International Monetary Fund (IMF) chief Kristalina Georgieva on Tuesday strongly urged India to reconsider its ban wheat export ban as soon as possible.
"I do have an appreciation for the fact that India needs to feed nearly 1.35 billion people and I do have appreciation for the heatwave that has reduced agricultural productivity, but I would beg India to reconsider as soon as possible because the more countries step into export restrictions, the more others would be tempted to do so and we would end up as a global community less equipped to deal with the crisis," she told NDTV at the World Economic Forum in Davos, Switzerland.
India banned wheat exports earlier this month as an intense heat wave hit output and domestic prices hit a record high.
