“Some decisions have happened,” he added.
He also said retail wheat prices are showing a declining trend after the export restrictions were imposed.
Asked about Turkey rejecting the Indian wheat consignment on phytosanitary concerns, Pandey told reporters: “We checked up on this report. It was ITC and it met all the requirement of the quality.”
The consignment had around 60,000 tonnes of wheat, he said.
ITC, a major wheat exporter, has informed the government that it had sold the wheat to a Geneva-based company, which further sold the commodity to a Turkish firm. All financial transactions had happened, Pandey said.
“Before payment, all local clearances must have been done. Quarantine had happened in India also. This is what the company has told us. …Their financial transaction…including Turkish importer was complete,” he added.
“They have not heard anything from them. There is no formal communication as yet,” he noted.
India banned wheat exports on May 13 to keep local prices under control amid a slight estimated fall in domestic output. However, it allowed shipment of those consignments which were registered before the ban came into force. PTI LUX LUX ABM ABM