Rising wheat exports can imperil domestic food security
- India’s exports of wheat are increasing amid rising global demand. For now, domestic stocks of this mainstay in cereals far exceed required norms. But if production and procurement fall, it can affect domestic availability
On 15 April, Union minister for commerce and industry Piyush Goyal announced that Egypt, the largest wheat-importing nation in the world, was looking to source 1 million tonnes of wheat from India this year. The Russian invasion of Ukraine has disrupted global supply chains—Russia is ranked third in the world in wheat production and Ukraine eighth. India is looking to cash in on the increased global demand, with trade delegations being dispatched to major wheat-importing countries.