Shares of Indian rice companies surge on report of government removing floor price for basmati rice exports This will help boost overseas sales of the premium grade and aid farmers struggling with debt and higher costs India is the world’s largest rice exporter ‘India Gate’ basmati rice brand owner KRBL KRBL.NS gains 4.7%, ‘Daawat’ brand […]
By Mayank Bhardwaj NEW DELHI, Sept 13 (Reuters) – India removed a floor price for basmati rice exports on Friday, according to a government order, to help farmers struggling with debt and higher costs boost overseas sales of the premium grade just weeks ahead of the arrival of the new-season crop. Last year New Delhi […]
by Tractor Junction The Basmati Rice crop is likely to grow by 15-20% this year due to farmers planting more land with good rains. The All India Rice Exporters Association (AIREA) expects a higher crop production. The quantity of basmati crop production will be estimated after the survey. India’s basmati rice exports rise by 15 […]
Islamabad imported 14,000 tonnes of hybrid paddy seeds from Beijing, which is also working research trials in the neighbouring nation. By Subramani Ra Mancombu The “needle of suspicion” points to China in the European Union detecting the presence of genetically modified (GM) rice in an organic Basmati rice export consignment from Pakistan. “Data show that […]
Vishwanath Kulkarni Prospects for the basmati crop this year are projected to be good on increase in acreages and the crop size is likely to be higher by 15-20 per cent over last year, according to the trade. “The new crop is looking good. The rains have been good this year. Farmers, who had received […]
By Gurpreet Singh Nibber Indian exporters have been struggling to sell their produce in the international market due to the high MEP of $950 a tonne, the association said. The basmati exporters association has urged the Agricultural and Processed Food Products Export Development Authority (APEDA) to waive the minimum export price (MEP) on basmati rice […]
Volume during the period rose 19% to 19.17 lakh tonnes By Vishwanath Kulkarni India’s basmati rice exports increased by nearly 15 per cent during the April-July period of the current financial year to $2.036 billion on demand from countries such as Saudi Arabia, Iran, Iraq and the United States. In the same period last year, […]
Basmati farmers have demanded government to keep a tab on traders who purchase rice at lower rates and sell to customers at much higher rates. Written by Anju Agnihotri Chaba Jalandhar. Jagwinder Singh, a rice farmer of Amritsar district, sold his early variety of basmati – PUSA 1509 – on Tuesday at Bhagtanwala grain market, […]
India and Pakistan, the only growers of basmati, both try to promote the premium grade of rice in a manner similar to French Champagne or Darjeeling tea. Indian authorities need to promptly cut or remove a floor price for basmati rice exports to help farmers to boost overseas sales of the premium grade and avoid […]
A push for direct-seeded rice and zero-tillage wheat, using a new non-GM herbicide-tolerance technology, has the potential to reduce the environmental footprint of India’s two major cereal crops. A farmer in his direct-seeded rice field in Haryana’s Jind district. (Express Photo by Harish Damodaran) Cultivating rice using less water and not burning the leftover straw […]
