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Addressing the gathering during ‘Kisan Mela’ organised at the Punjab Agricultural University, the CM said, “This decision will do considerable damage to the economic situation of the farmers as well as the traders.”
Lamenting that the restrictions on the export of basmati imposed by the Union government is against the interests of the farmers, Punjab Chief Minister Bhagwant Mann on Friday demanded immediate rollback of what he called an "arbitrary decision". Addressing the gathering during Kisan Mela
The Indian government has set a minimum export price of $1,200 per tonne on basmati rice shipments and imposed a 20% duty on non-basmati parboiled rice exports in an effort to control domestic prices ahead of key state elections. The measures come after heavy rainfall and poor crop prospects have affected rice production. These actions effectively curb exports of non-basmati rice varieties, which make up 80% of India's total rice shipments. The government aims to delay shipments and assess expected Kharif rice production by 15 October.
The government works hard to project itself as being farmer-friendly. It likes to maintain that it is committed to a self-reliant India (atma nirbhar Bharat).
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