"Will Fulfil Commitments": Minister On G7's Criticism On India's Wheat Export Ban
NDTV
Union Minister Hardeep Singh Puri said the country's wheat stocks are at a "comfortable" level
India has said it will not abandon neighbours and vulnerable counties on wheat supply after it banned exports of the foodgrain without government approval. The restrictions on wheat exports came after India experienced its hottest March on record, which hit production. This also dealt a blow to countries already reeling from supply shortages and soaring prices since Russia's invasion of Ukraine, which is among one of the largest wheat-growing nations. Wheat stocks are comfortable. Decision to restrict wheat exports taken with focus on India's food security, ensuring affordable foodgrains & to combat market speculation. India, a reliable supplier will fulfil all commitments including needs of neighbours & vulnerable countries.
In a tweet today, Union Minister Hardeep Singh Puri said the country's wheat stocks are at a "comfortable" level.
He assured that India will fulfil all commitments on wheat exports, hours after the Group of Seven (G7) industrialised nations' agriculture ministers meeting in Germany said India's move to restrict wheat exports "would worsen the crisis" of rising commodity prices.
"Wheat stocks are comfortable. Decision to restrict wheat exports taken with focus on India's food security, ensuring affordable foodgrain and to combat market speculation. India, a reliable supplier will fulfil all commitments including needs of neighbours and vulnerable countries," Mr Puri tweeted.
