Why India's rice ban could trigger global food crisis
The ban could compound a worldwide rise in rice prices for a host of reasons, experts say.
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The ban could compound a worldwide rise in rice prices for a host of reasons, experts say.
New Delhi - A ban imposed by India on exports of several categories of rice due to rising domestic prices and fears of a shortfall in the next crop yiel
New Delhi - A ban imposed by India on exports of several categories of rice due to rising domestic prices and fears of a shortfall in the next crop yiel
India has outlawed the export of non-basmati white rice in an attempt to ward off looming domestic price spikes. Heavy rains have hurt crops in the country and rice prices have risen by more than 11 per cent over the last 12 months. Non-basmati white grain currently accounts for about a quarter of India's rice exports, the Ministry of Consumer Affairs said as it announced the policy change. Experts warned …
“We have stopped eating tomatoes in salad,” one shopper said, “and we are not making any tomato-based vegetable dishes.”