For African countries, it increases landing cost by $80/tonne India has resorted to curbs on rice exports since September 2022 on food security grounds | Photo Credit: REUTERS
Robust procurement for free grain scheme, higher MSP, tepid response to open market sales jack up stocks. Currently FCI has 19.44 MT of rice, against the buffer of 7.61 MT for
Government has repeatedly tightened restrictions on shipments in a bid to curb domestic price rises India, the world’s top rice exporter, is expected to maintain its curbs on
From Dr Raj Mann, Lecturer in Economics, Department of Finance and Economics, Manchester Metropolitan University, Manchester, UK The Big Read (October 24) covers most of the
New Delhi: The government is likely to face the “problem of plenty” of rice stock once again, barely five months after it stopped selling the food staple from its
Over the past two weeks, average paddy prices in Punjab for 1509 varieties have surged by almost Rs. 350 per maund, attributed to the entry of ‘investors’ into the market. In
Lower prices and ample stockpiles have helped make India one of the top shippers globally over the past decade, recently accounting for almost 40 percent of the total
ISLAMABAD: The export of raw food products recorded an upsurge of almost 60 per cent in October compelling domestic consumers to pay higher prices. These unchecked exports pushed
The state has procured around 176 lakh tonnes of paddy and around 17 lakh tonnes of Basmati so far as the harvesting of both crops nears completion. The state has procured around
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