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India’s agri-exports slip slightly, but rice and meat shipments show growth

Basmati rice exports rose sharply by 11 per cent between April and September 2024, compared to the same period in FY24 reaching $2.87 billion, aided by the recent removal of the minimum export price. Abhijeet Kumar New Delhi India’s agricultural and processed food exports experienced a slight decline of 1 per cent, reaching $12.13 billion […]

MSC joins International World Rice Conference in Manila

MSC is participating in the 2024 International World Rice Conference from November 5-7 at the Conrad Hotel in Manila. A leader in container shipping and logistics, MSC recognizes the importance of rice as a key energy source for over half the world and its vital role in food security. The company is dedicated to supporting […]

Tariff Commission recommends total removal of import duty on rice

The commission’s report notes that, due to a potential rice shortage, the government lowered the import duty from 62.5% to 25% on 20 October. The Bangladesh Trade and Tariff Commission has recommended the complete removal of the current 25% import duty on rice to enable lower-cost imports, citing high global rice prices. According to the […]

Why Punjab’s rice procurement this year faces problems

Punjab is India’s largest source of rice for PDS. A severe storage crunch there leading to delayed procurement of the current harvest is distortionary. The immediate solution is to quickly move rice procured last year from Punjab’s godowns while hiring more storage space. The long-term solution is to find ways to push some farmers in […]

10 Largest Rice-Producing Countries in the World (2024)

China and India dominate the world’s rice production, together accounting for over half of the global output. Other major rice-producing countries include Bangladesh, Indonesia, Vietnam, Thailand, and the Philippines. These nations, primarily located in Asia, play a crucial role in global food security, particularly in regions where rice is a staple food. By Kriti Barua […]