The stupidity of Senile Admin is never-ending. We are not heading for 1970 but heading for 1929.
India bans wheat exports as heat wave hurts crop, domestic prices soar
The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies “to meet their food security needs”.
___________________
Another reason - China started buying Wheat from private sellers in India. China was trying to hoard wheat and later sell it at a higher price as they did during COVID with masks etc. Now private sellers can’t export, it can only happen with Government permission.