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India, the world's leading exporter of rice, has restricted the export of some varieties of rice and is imposing a 20 percent duty on other varieties as the country tries to augment domestic [...]
Earlier the central government had said that there are no plans to impose any restrictions on the export of rice, , export ban, government of india, rice exports
Shock and anger have given way to calls for more efforts to find domestic substitutes after Washington restricted some advanced graphic processing unit chips from being exported to China.
Notifying a decision of the union Cabinet, the Directorate General of Foreign Trade (DGFT), however, said that exports of these items would be allowed subject to permission of the government of India in certain cases.
Russia and Ukraine are the major exporters of wheat, accounting for around one-fourth of the global wheat trade. The war between the two countries has led to global wheat supply chain disruptions, thus increasing the demand for Indian wheat.