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Industry, farmers relieved as FTA excludes dairy items, rice

The India-UK FTA is poised to boost Indian exports of tea, spices, food, and marine products through tariff concessions, while sensitive sectors like dairy and rice are protected. Written by Sandip Das The tariff concessions under the India-UK FTA for tea, spices, food items and marine products will help Indian exporters increase market access in […]

Global Rice Prices Have Hit A Floor, But India’s Supply Glut Will Smother Any Gains

By Reuters Global rice prices, which have tumbled to multi-year lows, are unlikely to fall further with top exporter India’s currency firming, but bulging Indian stockpiles and a bumper Asian crop will cap any rebound this year, industry executives say. While lower rice prices will benefit price-sensitive consumers in Africa and other regions, they are […]

Rice stockpile sufficient for over six months amid India-Pakistan conflict, says deputy agriculture minister.

PUTRAJAYA: The nation’s rice stockpile currently stands at 200,000 metric tonnes, sufficient to meet domestic needs for some 6.66 months. Deputy Agriculture and Food Security Minister, Datuk Arthur Joseph Kurup, stated that the total physical stock of rice in the country amounts to 1,331,016 metric tonnes. “This supply is enough to sustain the country’s needs […]