India’s bumper wheat harvest is rapidly replenishing government stockpiles, eliminating the need for imports and potentially impacting global wheat prices. Procurement has reached a four-year high, with expectations of exceeding the requirements for the national food welfare program. Despite this surplus, the export ban remains in place to further bolster reserves. Post navigation Bonanza for farmers: Government hikes MSP for Kharif crops, extends facility for low-interest loans PayPal gets RBI’s nod to operate as cross-border payment aggregator for exports