Government of India (GoI) Resumes Wheat Exports with 5 Million Tonnes Allocation

Exam-focused facts from the 5 May 2026 current affairs briefing.

Key facts

The Government of India (GoI) has authorised the resumption of wheat exports after a four-year hiatus, lifting the ban originally imposed in 2022.
India, the world's second-largest wheat producer after China, has permitted traders to export a total of 5 million tonnes of wheat in two tranches of 2.5 million tonnes each.
ITC Limited (ITC) has commenced loading 22,000 metric tons of wheat at the Kandla port for shipment to the United Arab Emirates (UAE).
The export deal for the shipment to the UAE was finalised at a price of approximately $275 per ton on a free on board basis.
Indian wheat is currently at least $20 per ton more expensive than supplies from Australia or the Black Sea region, which are priced between $290 and $300 per ton.