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India Authorizes 25 Lakh Tonnes of Wheat Exports Under Ongoing Ban

A forthcoming DGFT notice will set the rules for allocating the 25 LMT window.

Overview

  • The DGFT formally notified that 25 LMT of wheat can be exported even as the overall export policy remains classified as Prohibited under the Foreign Trade Policy 2023.
  • Exports under this quota will proceed only after DGFT issues a separate public notice detailing modalities, procedures and eligibility.
  • A separate notification allows an additional 5 LMT of wheat flour and related products for export, though those items otherwise remain prohibited.
  • Government-to-government shipments to meet other countries’ food security needs remain permitted beyond the 25 LMT ceiling under the continuing May 13, 2022 policy condition.
  • Officials cite higher stocks and acreage, including about 75 LMT with private holders and a projected 182 LMT in the FCI central pool by April 1, 2026, while some analysts warn of heat and moisture risks to the crop and note weak export price competitiveness.