The food ministry on Friday requested that traders, wholesalers, retailers, large chain shops, and milers around the states reveal stock positions within a week in order to stop speculation and a jump in rice prices. “The domestic prices of rice are increasing despite a good crop this kharif, ample stocks with Food Corporation of India…
The government has been requested by rice exporters to relax limitations on the export of non-basmati rice by eliminating the 20 percent export levy on white (raw) rice and permitting the transport of one million tonnes (mt) of broken rice. The Centre must evaluate the Food Corporation of India’s purchase of paddy cultivated in the…
In a government-to-government agreement, Bangladesh has given Indian co-operatives almost $40 per tonne more than what the private commerce had bid in a global import tender for 2.5 lakh tonnes of parboiled rice. Two tranches of the import agreement will be made through NCCF (National Co-operative Consumers Federation) and Kendriya Bhandar, with Dhaka receiving rice…
Despite the Center’s restrictions on exports of non-basmati white rice and the imposition of a 20% export levy, Indian rice remains competitive on the international market. Although prices have increased by over $30 a tonne over the last two months, Indian cereal remains competitive.”The worldwide market for rice continues to be quite competitive for Indian…
Despite a prohibition on wheat exports in May and restrictions on sugar shipments, India’s agricultural exports maintained steady through the end of this fiscal year. According to data obtained from the DGCIS, agricultural exports increased by about 20% between April and August to $23 billion, just slightly faster than the growth in total merchandise exports….
Farmers in Punjab, Haryana, and western Uttar Pradesh sowed three new basmati rice varieties for the first time this Kharif season. These varieties have demonstrated potential since they are resistant to bacterial blight and blast diseases and require less pesticide application. According to a preliminary analysis by the Indian Agricultural Research Institute (IARI), Pusa, Delhi,…
