News Snapshot:
Hours after it imposed a ban on wheat export, the government on Saturday (May 14) said it has adequate food stocks, there is no threat to food security and that the order related to wheat should not be looked at as prohibition or ban but as India's commitment to needy and vulnerable countries. Against the first estimate of wheat production of 1,113 lakh metric tonnes (LMT) this year (2022-23), the estimate was revised to 1,050 LMT due to early summer/heat wave. Against the estimated procurement of 195 LMT, the actual procurement as of May 13 stood at 180 LMT, including...
