Rice exporters seek government help to deal with high freight rate, container shortage
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Synopsis
Exporters have sought government assistance in transportation and marketing along with benefits of export-promotion schemes, VK Kaul, executive director of All India Rice Exporters Association, said.
Agencies
The rice exporters association said shipping companies had not fully deployed their fleets, which reduced the availability of ships in India.
Rice exporters are seeking government intervention to protect their margins and remain competitive as high freight rates and a scarcity of containers have impacted the trade.
Exporters have sought government assistance in transportation and marketing along with benefits of export-promotion schemes, VK Kaul, executive director of All India Rice Exporters Association, said.
India Exports Non-Basmati Rice To China After Three Decades: Hereâs What Exporters Say On Its Long-Term Prospects
by M R Subramani - Dec 21, 2020 11:05 AM
Rice.
Snapshot
Agricultural production in China has been hit by drought and floods over the last four to five years.
Another reason for China turning to India is that rice production in Thailand and Vietnam this year has been affected due to drought.
Indiaâs agricultural exports, particularly rice shipments, have been a revelation this year, when the country has been going through tough times due to the novel coronavirus (Covid-19) pandemic.
Indiaâs rice exports have performed exceedingly well this year on both basmati and non-basmati fronts, with total shipments rising nearly 25 per cent during April-November period of the current fiscal, compared with the same period a year ago.
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