Commerce Secretary B.V.R. Subrahmanyam told reporters the government will also allow private companies to meet previous commitments to export nearly 4.3 million tons of wheat until July.
The government has prohibited wheat exports in an effort to manage overall food security of the country and to need the support of the neighbouring and vulnerable countries.
The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies "to meet their food security needs".