AIREA concerned about future of Basmati rice exports as some west Asian countries tighten pesticide norms indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Centre, states must focus on containing Covid in rural sector ahead of Kharif sowing season
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Mahua Venkatesh ( IANS) |
Published on
Fri, May 14 2021 19:57 IST |
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Amritsar: Farmers busy transplanting paddy saplings in a field on the outskirts of Amritsar on June 23, 2018. The total area sown under kharif crop as on June 22 stood at 115.9 lakh hectares as against 128.35 lakh hectares at this time last year. Acc. Image Source: IANS News
New Delhi, May 14: As Covid 19 pandemic hit Indias rural areas, the critical agriculture sector could be impacted. Reason? Sowing for the Kharif season typically starts from May-end but this year, due to the rising number of cases in the rural areas farming activities have started to get impacted.
Covid fallout: Basmati orders dwindle over rising freight rates
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“Hardly any new orders are coming from the overseas markets. Unless the Covid situation improves in the country, we do not see good movement of basmati rice to the global markets,” Nathi Ram Gupta, president of All India Rice Exporters’ Association (AIREA), told ET.
In FY21, India had exported 13.08 million tonnes of non-basmati rice compared with 5.05 million tonnes in FY20.
As Covid-19 infections surge in the country, basmati exporters say orders are dwindling over rising freight rates and concerns that the virus may spread through consignments.
“Hardly any new orders are coming from the overseas markets. Unless the Covid situation improves in the country, we do not see good movement of basmati rice to the global markets,” Nathi Ram Gupta, president of All India Rice Exporters’ Association (AIREA), told ET.
FILE PHOTO: Labourers lift a sack filled with sugar to load it onto a handcart at a wholesale market in Kolkata, India, February 1, 2018. REUTERS/Rupak De Chowdhuri/File Photo
Exclusive: India merchants almost halt exports to Iran as its rupee reserves fall - officials India Top News Parisa Hafezi MUMBAI/ DUBAI (Reuters) - Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such as rice, sugar and tea, due to caution about Tehran’s dwindling rupee reserves with Indian banks, six industry officials told Reuters. “Exporters are avoiding dealing with Iran since payments are getting delayed for months,” said a Mumbai-based dealer with a global trading house.
Indian merchants almost stop export contracts with Iran as Tehran s rupee reserves dwindle businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.