India defends WTO’s decision to ban rice, wheat exports

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India defends WTO’s decision to ban rice, wheat exports

New Delhi, Sep 22 (PTI) India has defended its decision to impose restrictions on exports of wheat and rice at the World Trade Organization (WTO) meeting. However, some member countries of the organization have expressed concern about India’s stand. An official gave this information.

The WTO meeting was held in Geneva last week in which the US, the European Union have questioned the decision, saying that it could have an adverse effect on global markets.

India had banned wheat exports in May to increase domestic availability. It had also banned the export of rice husks and imposed an excise duty of 20 per cent on the export of non-basmati rice, except that of Na. In fact, the sowing of paddy crop has decreased in the current Kharif season, so this step has to be taken to increase the domestic supply.

Defending its decision, India has clarified that the ban on export of rice flakes was imposed because exports of the grain have increased in recent months, putting pressure on the domestic market.

Whereas in the case of wheat, there has been a need to ban exports due to food security concerns.

An official said, “India has said that these restrictions are temporary and are being monitored continuously.” Senegal, a major importer of rice pieces and other rice products from India, has requested that this He should keep the business open to ensure food availability in difficult times.

In the meeting, Thailand, Australia, Uruguay, USA, Canada, Brazil, New Zealand, Paraguay and Japan have requested to talk with India regarding the use of ‘peace clause’ on the food program.

India used the peace clause for the third time in April to support paddy farmers over and above the 10 per cent limit.

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