Udaipur. Terming the government’s move to ban wheat exports as “anti-farmer”, the Congress on Saturday claimed that the government did not procure enough wheat, leading to a situation that led to a ban on exports. Senior party leader and former Finance Minister P Chidambaram said, ‘I believe that the central government has failed to buy enough wheat. It is not that the yield of wheat has decreased. Overall it is the same as before. There may have been a slightly higher yield than before.
He said, ‘This is an anti-farmer move. I am not surprised because this government has never been farmer friendly. Chidambaram said if sufficient procurement had been made, there would have been no need to ban the export of wheat. India has banned the export of wheat with immediate effect as part of measures to control rising prices domestically. This information has been received from the official notification.
However, the Directorate General of Foreign Trade (DGFT) said in a notification issued on May 13, export of consignments for which irrevocable letters of credit (LoCs) have been issued on or before the date of this notification will be allowed. The notification further stated that the Government of India is committed to providing for the food security needs of neighboring and other vulnerable developing countries, which are adversely affected by sudden changes in the global wheat market and are unable to access adequate wheat supplies. .
Earlier, P Chidambaram had said that the country’s economy is depressed and stalled after the pandemic. The growth rate projections for 2022-23 have been reduced from time to time in the last 5 months. He said that inflation has risen to unacceptable levels, and there is a danger of it rising further in the coming days. The government is actually fueling the growth of inflation through its wrong policies, especially high taxes on petrol and diesel, high administered prices and high GST rates.
FIRST PUBLISHED : May 14, 2022, 13:38 IST