Government restricts exports of flour, other derivatives from July 12

After imposing ban on wheat, the government has amended wheat flour policy restricting exports of wheat flour and other derivatives.

The notification released will come into effect from 12th July 2022. Pic: Pixabay

After imposing ban on wheat, the government has amended wheat flour policy restricting exports of wheat flour and other derivatives.

The Directorate General of Foreign Trade (DGFT) has issued a notification in this regard.

It is now mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export and its other derivatives.

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The notification released will come into effect from 12th July 2022.

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Regulation on all types of items including Maida, semolina, Wheat flour, Wholemeal Atta and resultant Atta has been set from 12th July 2022.

Post the regulation on wheat export, export of flour had increased. This has affected the price in the domestic market and has led to potential quality related issues.

The government was continuously monitoring the situation, therefore, the notification has come into effect.

During the period of 6th July to 12th July consignments of wheat flour export will be allowed for the ones which have either been loaded or for the ones loading of wheat flour on the floor has commenced before the notification.

Wheat flour consignments which have been handed over to customs before this notification will also be allowed to export.

Export of wheat flour is subject to the recommendation of the Inter-Ministerial Committee(IMC) on export of wheat.

The major steps have been taken to control rising prices and ensure stock availability for consumption.

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