Ban On Sooji And Maida Export: After banning the export of wheat flour, the central govt has made up our minds to impose restrictions at the export of maida and semolina. This determination of the central govt might be carried out from August 14, 2022. In truth, within the final two months, after banning the export of wheat and flour, there was once an enormous leap within the export of maida and semolina. That is why this determination has been taken.
According to the order issued via DGFT, the export of maida and semolina might be allowed after approval from the Inter-Ministerial Panel. Earlier, when the Central Government had made up our minds to prohibit the export of flour, it was once mentioned that export can be allowed most effective after permission from the Inter-Ministerial Panel. In April 2022, the export of wheat merchandise was once 95,094 tonnes, valued at Rs 314 crore. In May, 1.02 tonnes price Rs 287 crore have been exported. According to the order issued via DGFC, between August 8 and 14, the export of maida semolina might be allowed, which has been passed over to customs for export.
In truth, after the costs of wheat, flour, there was an enormous leap within the costs of alternative merchandise made out of wheat. After which the federal government has taken this determination. Let us inform you that because of decline in manufacturing of wheat and reduce in govt procurement, the costs of wheat have larger. Earlier, on May 13, 2022, the federal government had banned the export of wheat.