India is not considering imposing any restrictions on exports of non-basmati parboiled rice, Food Secretary Sanjeev Chopra said on Tuesday. Last month, India surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year. “There is no proposal as of now to […]
IMF’s Chief Economist and Director, Pierre-Olivier Gourinchas, has said restrictions imposed by India on exports of certain varieties of rice are likely to exacerbate volatility in food prices in the rest of the world. “And they (the ban on rice exports) can also lead to retaliatory measures. So, they are certainly something that we would […]
As the Karnataka government is facing difficulty in procuring large quantities of rice, it has decided that instead of providing 5 kg additional rice to beneficiaries as promised under the ‘Anna Bhagya’ scheme, it would give cash at the rate of Rs 34 per kilo. Congress had promised 10 kg of rice per person through […]
Chairman and Managing Director of Food Corporation of India Ashok KK Meena said that the central government has directed the agency to conduct the e-auctions of wheat and rice to check the “inflationary trends” and to control the price of such staple foodgrains. The maximum quantity that a buyer can bid for is limited to […]
