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Date: 06-Jan-2025 Category: Extra Ordinary State: Union Government Country: India

Export of Wheat to Nepal through National Cooperative Exports Limited (NCEL)

Issued by Ministry of Commerce and Industry · Directorate General of Foreign Trade

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Executive Summary & Key Takeaways

What it means

  • This gazette notification permits the export of 200,000 metric tons of wheat to Nepal.
  • The export is to be conducted exclusively through the National Cooperative Exports Limited (NCEL).

Key Changes

  • The Central Government has authorized the export of 200,000 MT of wheat (HSN 1001) to Nepal.
  • This export is specifically mandated to be facilitated through National Cooperative Exports Limited (NCEL).
  • The notification is issued under the powers conferred by Section 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023 and in line with Para 2(B) of Notification No. 06/2015-20 dated 13.05.2022.

Impact Analysis

Impact on National Cooperative Exports Limited (NCEL)

  • NCEL will need to manage the financial aspects of the export transaction.

Impact on Wheat Farmers and Suppliers

  • The prices of wheat may see a marginal increase due to the export demand.

Impact on Nepal

  • The export will strengthen trade relations between India and Nepal.

Impact on Government

  • The government should ensure that the export does not impact domestic food security.

Suggested Action Items

  • The government should evaluate the impact of this export on domestic wheat availability and prices.

Key Entities Referenced

National Cooperative Exports Limited (NCEL): The designated entity through which the 200,000 MT of wheat export to Nepal is to be conducted. Foreign Trade (Development & Regulation) Act, 1992: The legal framework under which the export permission is granted. Sections 3 and 5 are specifically mentioned. Foreign Trade Policy, 2023: The policy document that provides the guidelines for foreign trade. Paragraphs 1.02 and 2.01 are relevant to this notification. Notification No. 06/2015-20 dated 13.05.2022: A previous notification, specifically paragraph 2(B), which is referenced as a basis for this current notification. Nepal: The recipient country for the 200,000 MT of wheat export.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-08012025-260035 CG-DxLx-xEG-I0D8H0x1x2x0 25-260035 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 99] नई दिल्ली, सोमवार, िनवरी 6, 2025/पौष 16, 1946 No. 99] NEW DELHI, MONDAY, JANUARY 6, 2025/PAUSHA 16, 1946 ( ) ( ) नई दिल्ली, 4 tuojh] 2025 राष्ट्रीय का.आ. 101(अ). — le;≤ ij ;Fkk la” kkfs/kr fons'k O;kikj uhfr] 2023 ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr] ;Fkk la” kkfs/kr fons'k O;kikj ¼fodkl ,o a fofu;eu½ vf/kfu;e] 1992 dh /kkjk 5 ds lkFk ifBr /kkjk 3 }kjk iznÙk 'kfDr;ks a dk Ikz;ksx djrs gq, vkSj fnukda 13-05-2022 dh vf/klwpuk la- 06@2015&20 ds iSjk 2¼[k½ eas fufgr izko/kku ds vuq:i dsUnz ljdkj ,rn~}kjk jk’Vªh; lgdkjh fu;kZr fyfeVsM ¼,ulhbZ,y½ ds ek/;e ls usiky dk s xsgaw ¼,p,l,u 1001½ dh 2]00]000 eh-V- ds fu;kZr dh vuqefr iznku djrh gSA 158 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] jk’Vªh; lgdkjh fu;kZr fyfeVsM ¼,ulhbZ,y½ ds ek/;e ls usiky dk s xgs aw dk 2]00]000 eh-V- dk fu;kZr vuqer fd;k tkrk gSA [Qk- l-a 01@91@191@049@,,e&24@bZlh@bZ&37225] lark"s k dqekj lkjaxh] egkfuns'kd fons'k O;kikj insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) Directorate General of Foreign Trade NOTIFICATION New Delhi,the 4th January 2024 No. 48 /2024-25 Subject: Export of Wheat to Nepal through National Cooperative Exports Limited (NCEL)- reg S.O. 101 (E) -- In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023 as amended from time to time and in pursuance to the provision under Para 2 (B) of Notification No. 06/2015-20 dated 13.05.2022, the Central Government hereby permits export of 2,00,000 MTs of Wheat (HSN 1001) to Nepal, through National Cooperative Exports Limited (NCEL). Effect of the Notification:Export of 2,00,000 MTs of Wheat to Nepal is permitted through National Cooperative Exports Limited (NCEL). [F. No. 01/91/191/049/AM-24/EC/E-37225] SANTOSH KUMAR SARANGI, Director General of Foreign Trade, Ex-Officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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