The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
India, world’s biggest exporter of rice & onions and 2nd biggest sugar exporter, imposed curbs on exports of these commodities in 2023 to keep local prices in check.
Modi govt needs to own its globally disruptive policies taken in India's interest. The suddenness of export bans hurt India's friends and go against its vishwa guru ambitions.
Last month, the govt 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.
According to an official, Thailand—world's second-largest rice exporter after India—is expected to export over 8 million metric tons of rice this year, up from 7.71 million last year.
On 8 Sept, India banned exports of broken rice & imposed a 20% duty on exports of various grades as it sought to boost domestic supply & calm local prices.
Ministry assures estimated 10-12 million tonnes loss in production won't lead to shortage in the country. Supply of parboiled rice to continue for dependent, vulnerable countries.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
Bengaluru-based SSS Defence has made public its bid for a major foreign military contract, targeting UK’s ambitious SA80 successor programme with its home-tested weapons.
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