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Wheat Economy of India: The Detailed Study and Impact of Wheat Export Ban

OCT 27, 2022

Economy Simplified

Basic of Economy 

What role does wheat play in the economy of India?

The wheat economy of India estimates that 13.53 percent of the world's total wheat production is produced in India,.  

Wheat Economy of India in the Past Ten Years.

Wheat production in India 2011- 8.69 Mill 2012- 94.9 Mill 2013- 93.5  Mill 2014- 94.5  Mill 2015- 86.5 Mill

Wheat Economy of India in the Past Ten Years.

Wheat production in India 2016- 93.5Mill 2017- 98.5Mill 2018- 99.7Mill 2019- 103.6Mill 2020- 107.6Mill

What affected the Wheat Economy of India? 

One of the main factors that has an impact on India’s wheat economy. From March to April 2021, Russia commenced a major military build-up near the border

 Russia and Ukraine’s war -impact on India's wheat economy.

90% of the wheat and other grains harvested in Ukraine are transported to international markets by sea 

How did Prime Minister Narendra Modi come into the picture? 

12th April 2022 during his talk with US President Joe Biden, offered to supply India’s food stock to the world if WTO accords permission.

How did PM Narendra Modi come into the picture? 

Pm Narendra Modi on 12th April 2022 talked with US President Joe Biden and offered to supply India’s food stock to the world.

Heat waves affect the wheat economy

India saw a heat wave stretch this year which started in March. Several parts of northwest India recorded temperatures above 45°C spiking to over 47°C.

Wheat crisis in India  

Wheat crisis in India makes Prime Minister Narendra Modi take his words back  PM Modi banned India’s export of wheat.

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