As a result, rice prices have risen significantly in the local market, causing difficulties for consumers. The government is considering reducing the import duty on rice in an effort to stabilise rice prices in the country. Sources at the finance, commerce, and food ministries indicate that this decision is being contemplated due to recent floods […]
By HT Editorial Food policy will need to balance producer concerns with consumer interests and factor in implications for the environment India is the second-largest producer and largest exporter of rice in the world. It exports premium basmati rice to high-income markets and relatively cheaper varieties to low-income food-importing countries. Rice is not a commodity […]
India-Pak rice war deals a blow to Basmati growers. By Neeraj Mohan Chandigarh: Indian Basmati rice farmers are facing a financial crisis, with a steep drop in paddy prices threatening their livelihoods. Prices have dropped by more than Rs 1,500 per quintal during the ongoing Kharif Marketing Season, with current rates between Rs 2,200 and […]
By HT Correspondent, Chandigarh During the meeting with the association, the CM said that the state government has already flagged the issue of shortage of space with the centre and the Union government has already agreed to free 40 lakh tonnes of space in the state by December 2024 and an additional 90 lakh tonnes […]
The ration shops which have remained closed for some months now would be reopened to distribute rice and sugar. Press Trust of India Puducherry Puducherry Chief Minister N Rangasamy announced here on Sunday that his government has decided to distribute 10 kg rice and 2 kg sugar, free of cost, through fair price shops to […]
Johannesburg, South African importers have welcomed India’s decision to ease restrictions on rice exports. Last month, the Indian government withdrew a blanket ban on overseas shipments of non-basmati white rice. It imposed a floor price of USD 490 per tonne and exempted the commodity from export duty. Exports of non-basmati white rice were banned from […]
Synopsis South African importers and consumers have expressed relief as India withdraws its ban on non-basmati white rice exports, imposing a floor price of USD 490 per tonne. The eased restrictions are expected to stabilize global rice prices and meet South Africa’s annual demand of 10 million tonnes. South African importers have welcomed India’s decision […]
Hyderabad: As part of exploring possibilities of exporting fine varieties of paddy to South East Asian countries, theTelangana governmenthas begun negotiations with Philipines for the same. Philippines has shown interest in importing Telangana’s paddy to the tune of 3 lakh MT, after holding first round of talks with the Ministers and officials of the State. […]
Both nations are exploring ways to establish more effective trade systems Amid ongoing payment difficulties due to Western sanctions, Russia has initiated a barter trade agreement with Pakistan involving various agricultural goods. This new system, established at the first Pakistan-Russia Trade and Investment Forum in Moscow, allows for the exchange of goods without monetary transactions. […]
By HT Correspondent, Chandigarh Punjab food and civil supplies minister Lal Chand Kataruchak said that by December 31, nearly 40 lakh tonnes of rice will be moved out of the state’s godowns in 20 special goods trains, containers and trucks, thus creating sufficient storage for the upcoming paddy crop. To free up space in Punjab’s […]
