9.1 C
Sunday, May 26, 2024

India spares basmati rice from export ban amid global demand

Must read

The Caspian Times is a platform that showcases stories and perspectives from across Eurasia. We aim to inform, inspire and empower our readers with high-quality journalism that covers the diverse and dynamic region.

India, the world’s largest exporter of rice, has banned all exports of non-basmati white rice, a staple food for billions of people, in an attempt to curb rising domestic prices and ensure adequate availability. The move has triggered concerns about a global food crisis, as many Asian and African countries depend on India’s rice shipments.

Non-basmati white rice accounts for about 70% of the global rice trade, and India exported 10.3 million tonnes of it in 2022. Some of the major buyers of this variety are Bangladesh, Nepal, Benin, Angola, Cameroon, Djibouti, Guinea, Ivory Coast, and Kenya. These countries could face severe food shortages and higher prices as they scramble to find alternative sources of supply.

Read Full Story Please Visit Eurasia Media Network

More articles


Please enter your comment!
Please enter your name here

Latest article