India

5,000 Wheat Loads Trapped Over Export Prohibition: Madhya Pradesh Traders -By ASC


The Commerce Ministry imposed a ban on wheat exports last week. (Representative)

Indore:

Criticizing the Center’s decision to ban wheat exports, a garment representing agro-based businesses said on Monday that about 5,000 trucks loaded with the commodity and sent by Madhya Pradesh traders for overseas shipment were stranded at the country’s two major ports following the move. .

The organization – Madhya Pradesh Sakal Anaj Dalhan Tilhan Vyapari Mahasangh Samiti – a federation of wheat, bean and oilseed traders, announced to close their businesses at 270 agricultural produce markets in the state on Tuesday and Wednesday in protest of the wheat export ban.

The body, which demanded the ban be lifted, said large consignments of wheat were transported from the state via these trucks to ports for export.

“Due to the sudden ban on wheat exports by the central government, about 5,000 trucks loaded with grain, delivered by the state’s traders, are in the ports of Kandla (Gujarat) and Mumbai,” Gopaldas Agrawal, president of Mahasangh, told PTI.

He said the state government encouraged traders to increase wheat exports, as they bought the commodity from farmers at a price higher than the minimum support price (MSP).

But traders’ export agreements are now threatened as a result of the Center’s ban, he said.

To protest the wheat export ban, traders at all 270 agricultural produce (mandis) markets in the state will suspend their work on Tuesday and Wednesday, Mr Agrawal said.

He demanded that the federal government immediately lift the export ban in the interest of traders and farmers.

Last week, the Commerce Ministry imposed an immediate ban on wheat exports amid concerns about the impact on production due to the scorching heat and to control the domestic price of the food grain.

The center said apart from meeting the food grain needs of neighboring and vulnerable countries, the decision would help in controlling the retail prices of wheat and flour which have risen by an average of 14 to 20 per cent in the past year.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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