# Govt rushes to keep food prices in check during elections - The HinduBusinessLine

> India's government is taking steps to hold food prices down ahead of the general elections, with rice, wheat and onion exports banned and sugar exports effectively restricted. Officials are also planning to sell wheat from state reserves starting mid-June.

- Date: 2024-04-07 · published 2024-04-07T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/30687-govt-rushes-to-keep-food-prices-in-check-during-elections-the-hindubusinessline
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ongoing Indian export bans and planned wheat sales from reserves reinforce tight export supply for rice and wheat, supporting world prices while domestic stocks are drawn down.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-04-12 | [Export bans, restrictions: How government is trying to keep food prices in check ahead of elections](https://feedsoft.ai/events/30688-export-bans-restrictions-how-government-is-trying-to-keep-food-prices-in-check.md) | +12.7% | +10.8% |
| RICE | 2023-10-19 | [Steps in place to check price rise during festival season: Centre - The Hindu](https://feedsoft.ai/events/33577-steps-in-place-to-check-price-rise-during-festival-season-centre-the-hindu.md) | +1.6% | +6.8% |
| RICE | 2023-12-27 | [Global rice prices up 7% in a month on high demand, low supplies - The HinduBusinessLine](https://feedsoft.ai/events/32789-global-rice-prices-up-7-in-a-month-on-high-demand-low-supplies-the.md) | -2.4% | +3.7% |
| RICE | 2022-01-21 | [Grain-based ethanol manufacturers demand dual pricing for maize, rice feedstock - The HinduBusinessLine](https://feedsoft.ai/events/43134-grain-based-ethanol-manufacturers-demand-dual-pricing-for-maize-rice-feedstock.md) | +1.3% | +0.9% |
| RICE | 2025-02-15 | [Feedstock economics and policy implications for India’s ethanol sector - The HinduBusinessLine](https://feedsoft.ai/events/26056-feedstock-economics-and-policy-implications-for-india-s-ethanol-sector-the.md) | -4.1% | -3.8% |
| WHEAT | 2024-04-12 | [Export bans, restrictions: How government is trying to keep food prices in check ahead of elections](https://feedsoft.ai/events/30688-export-bans-restrictions-how-government-is-trying-to-keep-food-prices-in-check.md) | -0.7% | -0.2% |
| WHEAT | 2025-04-27 | [India to not allow wheat export even if govt procurement exceeds target - The HinduBusinessLine](https://feedsoft.ai/events/25055-india-to-not-allow-wheat-export-even-if-govt-procurement-exceeds-target-the.md) | -0.9% | -4.3% |
| WHEAT | 2026-09-02 | [Indian wheat prices gain ₹150/quintal as government lifts ban on product shipments - The HinduBusinessLine](https://feedsoft.ai/events/17446-indian-wheat-prices-gain-150-quintal-as-government-lifts-ban-on-product.md) | +1.0% | +0.0% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/govt-rushes-to-keep-food-prices-in-check-during-elections/article68038733.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.