Despite a ban, India is willing to export wheat to countries in need.

India allows private companies to export almost 4.3 million tonnes of wheat until July . The government has imposed restrictions on export of wheat to food-deficit countries .

Despite two days of restrictions, India said on Sunday that it would keep a window open to export wheat to food-deficit countries at the government level.India's Commerce Secretary B.V.R.Subrahmanyam told reporters that the government would also allow private companies to meet previous pledges to export almost 4.3 million tonnes of wheat until July.In April, India exported 1 million tonnes of wheat.

The Directorate of Foreign Trade issued a note in the government gazette on Friday advising that an increase in global prices for wheat was affecting India's food security and those of the neighboring and vulnerable countries.Export controls have a vital aim: to regulate rising domestic prices.Since the start of the year, global wheat prices have increased by more than 40%.Ukraine and Russia represented a third of all global wheat and barley exports before the war.

India's own wheat crop has been stunted by a record-breaking heat wave, which is causing disruption.India's wheat production has declined by three million tons this year from 106 million tons last year, according to him.In India, wheat prices have increased by 20-40%.According to Subrahmanyam, the new rise in prices appears to be a panic reaction rather than a reaction based on a real drop in demand or a sudden spike in demand.

It had set a target of exporting 10 million tons of the grain in 2022-23, leveraging the global disruptions to wheat production from the war to find new markets for its wheat in Europe, Africa, and Asia.According to Subrahmanyam, India exported 7 million tons of wheat last year out of a total production of 109 million tons.