The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supply According To The Agriculture Ministry’s Estimates, India’s Rice Production Is Estimated At 136.7 Million Tonnes In 2023-24 Compared To 135.75 Million Tonnes In The Preceding Year. (Photo: PTI) Union Commerce Minister Piyush Goyal on Wednesday said a Group […]
Finance Minister Senator Muhammad Aurangzeb was called on by the representatives of Rice Exporters Associations of Pakistan (REAP) at the Finance Division today. The representatives from REAP briefed the minister on the growth of the agriculture sector, particularly rice crop. They highlighted the strengths of their industry and presented some tax measures for consideration. The […]
By Yinka Kolawole & Gabriel Ewepu ABUJA—The Federal Government is planning to suspend duties, tariffs, and taxes on some essential food items imported through land and sea borders. Vanguard gathered yesterday that the decision was informed by the need to bring down the cost of food items which have hit the roof, making life unbearable […]
Farmers harvest rice in the Mekong Delta province of Tra Vinh. Photo by VnExpress/An Binh The average rice export price went up by over 18% over the same period last year, according to data from the General Department of Customs. The grain was sold at US$959 per ton in Brunei, $868 in the US, $857 […]
India, the top rice exporter, may relax export restrictions to avoid a glut before the new crop arrives. LT Foods, KRBL, and Chaman Lal Setia Exports saw significant share surges. The move could benefit countries in West Africa and the Middle East. 3 rice stocks surge up to 14.5% on reports of India considering easing […]
India may relax restrictions on exports of some varieties of rice with a fixed duty to avoid oversupply in the country before the October harvest. India is the world’s largest exporter of rice (Unsplash) India, the world’s top rice shipper, may relax restrictions on exports of some varieties to avoid a glut in the country […]
Mitti Labs, a tech-enabled project developer, has initiated its first projects aimed at transforming rice farming in South Asia. Collaborating with the Syngenta Foundation, Ebro Foods, and Dr Reddy’s Foundation, the company has launched five projects across India to reduce methane emissions, increase water security and build farmer resilience.
Cut Basmati minimum export price may be deferred BY BL NEW DELHI BUREAU The committee of ministers headed by Home Minister Amit Shah may decide this week on a proposal to fix a minimum export price (MEP) of $500/tonne on shipments of non-basmati rice, while the proposal to reduce the current MEP of $950/tonne on […]
Quietly but steadily, corporate money is betting on Pakistani agriculture. One of the country’s largest business conglomerates — Nishat Group — for example, which began to expand into agriculture by setting up a modern dairy farm near Sukheki more than a decade ago is now planning to venture into the manufacturing of “precision” farm machinery […]
It focusses on ensuring the long-term viability of advancements in rice production and value chains across the region. With the APART’s closure approaching, IRRI and partners are starting to discuss a comprehensive exit strategy that will ensure the continuation and sustainability of the technologies and practices introduced by the project for the rice value chain […]
