# WTO: India’s interest in promoting wheat, rice exports may clash with G-33 proposal on MSP - The HinduBusinessLine

> India has not yet endorsed the G-33 group's WTO proposal on permanent public stockholding, though it agrees subsidies should be unlimited. Sources say India objects to the clause barring exports from procured stocks, which could hurt its wheat and rice export drive. The proposal will be discussed at a WTO Committee on Agriculture meeting.

- Date: 2021-09-15 · published 2021-09-15T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/45017-wto-india-s-interest-in-promoting-wheat-rice-exports-may-clash-with-g-33
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

If India keeps freedom to export from subsidised public stocks, it preserves a potential source of wheat and rice supply to world markets, a bearish factor for export prices.

## Read by commodity

- RICE: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-09-16 | [Why low stocks of rice, wheat and sugar shouldn’t push India to curb exports \| The Indian Express](https://feedsoft.ai/events/39563-why-low-stocks-of-rice-wheat-and-sugar-shouldn-t-push-india-to-curb-exports-the.md) | +5.9% | -8.9% |
| WHEAT | 2018-03-19 | [Draft Agri Export Policy seeks to end curbs to bring in stability - The HinduBusinessLine](https://feedsoft.ai/events/65960-draft-agri-export-policy-seeks-to-end-curbs-to-bring-in-stability-the.md) | -0.5% | +3.6% |
| WHEAT | 2023-08-28 | [Central govt's restrictions on rice exports puts wheat and sugar in focus \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/34529-central-govt-s-restrictions-on-rice-exports-puts-wheat-and-sugar-in-focus.md) | -4.7% | -1.9% |
| WHEAT | 2021-04-25 | [Promote barter trade for surplus commodities   - The HinduBusinessLine](https://feedsoft.ai/events/47569-promote-barter-trade-for-surplus-commodities-the-hindubusinessline.md) | +3.3% | -0.2% |
| WHEAT | 2023-11-06 | [India to review export bans on wheat & rice, aims to fill shortfall in Kharif procurement - CNBC TV18](https://feedsoft.ai/events/33135-india-to-review-export-bans-on-wheat-and-rice-aims-to-fill-shortfall-in-kharif.md) | -1.9% | -0.6% |
| RICE | 2025-04-04 | [India to implement new tariff line for rice exports from May 1 - The HinduBusinessLine](https://feedsoft.ai/events/25062-india-to-implement-new-tariff-line-for-rice-exports-from-may-1-the.md) | +1.3% | -3.5% |
| RICE | 2023-12-06 | [‘MEP imposed on Basmati to curb illegal export of white rice’  - The HinduBusinessLine](https://feedsoft.ai/events/32647-mep-imposed-on-basmati-to-curb-illegal-export-of-white-rice-the.md) | +0.5% | +0.7% |
| RICE | 2020-02-26 | [India faces WTO heat to exempt food for humanitarian needs from export curbs - The HinduBusinessLine](https://feedsoft.ai/events/54539-india-faces-wto-heat-to-exempt-food-for-humanitarian-needs-from-export-curbs.md) | +0.7% | -0.6% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/policy/wto-indias-interest-in-promoting-wheat-rice-exports-may-clash-with-g-33-proposal-on-msp/article36475282.ece

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