The central government has imposed stock limits on wheat for traders, wholesalers, retailers, big chain retailers and processors in all states and Union Territories, a release from the Food and Consumer Affairs Department stated Friday. According to the ministry, this intervention was needed to manage the overall food security and prevent hoarding and unscrupulous speculation. […]
India’s wheat inventories at state warehouses have dropped to 19 million metric tons, the lowest in seven years, two government sources said on Friday, as two years of falling production forced state-run agencies to sell more grain to private players. Last year, India, the world’s second-biggest wheat producer, banned exports after output was curtailed due […]
India has allowed the export of non-basmati white rice in varying quantities to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya, an official notification said. Notably, the export of non-Basmati white rice was prohibited on 20 July to check domestic prices and ensure domestic food security. Earlier, India allowed the export of such a variety of […]
India has allowed the export of non-basmati white rice in varying quantities to Nepal, Cameroon, Cote d’Ivoire, Republic of Guinea, Malaysia, Philippines, and Seychelles. Notably, the export of non-basmati white rice was prohibited from July 20 to check the domestic prices and ensure domestic food security. The exports to these countries are permitted through National […]
India has extended the restrictions on the export of sugar beyond October 31, 2023, and until further orders, according to a notification by the Directorate General of Foreign Trade issued on Wednesday. The raw sugar, white sugar, refined sugar, and organic sugar are under export restrictions. The restriction is, however, not applicable to sugar being […]
In a move to address concerns related to domestic rice prices and ensure an adequate supply for local consumers, the Indian Government has taken significant steps regarding Basmati rice exports. Effective from 25 August 2023, contracts for the export of Basmati rice with a value of USD 1200 per metric ton (MT) and higher are […]
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath has issued instructions to senior officials in the Department of Food and Civil Supplies to address the issues of hoarding and price increases of pulses within the state. These instructions include conducting inspections and verifications of pulse traders to enforce the revised stock limit set […]
India has allowed the export of non-basmati white rice to the tune of 75,000 tonnes to the UAE. Notably, the export of non-basmati white rice was prohibited from 20 July to check the domestic prices and ensure domestic food security. The exports to UAE are permitted through National Cooperative Exports Limited, the Directorate General of […]
Sugar output in Maharashtra, India’s top producing state, is likely to fall 14 per cent in the 2023-24 crop year to its lowest in four years due to lower cane yields following the driest August in more than a century, industry and government officials told Reuters on Wednesday. The reduced output could add to food […]
German Chancellor Olaf Scholz, on Saturday, said that the people globally have been affected by higher prices, energy shortages and food security due to Ukraine war, as per Reuters. In a press conference, on the sidelines of the G20 Summit, the German Chancellor said, “What cannot be not talked about is the Russian war of […]
