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Higher fuel and food prices dampen festive spirit for Indians : Rashtra News Spiralling fuel prices, untimely rains and costlier kitchen staples like onion, potato and tomato are making it a tough festive season for Indian households. Prices of rice, both basmati and non-basmati, have also gone up. In some cities, tomato costs Rs 100
Between April and October of current fiscal year, India exported 73.18 lakh tonnes of non-basmati rice and 26.08 lakh tonnes of basmati rice
According to S&P Global Commodity Insights, the Indian government's measures in 2023, including banning non-Basmati white rice exports, imposing a 20 per cent duty on parboiled rice exports, and setting a minimum export price of USD 950/ million tonnes (mt) for Basmati, continue to impact the market.
Union Cooperation Minister Amit Shah informed in the Rajya Sabha that the National Cooperative Export
The newly set up cooperative export body NCEL has got permission to export 14,92,800 tonnes of non-Basmati rice to 16 countries and 50,000 tonnes of sugar to two countries, Cooperation Minister Amit Shah said on Wednesday in the Rajya Sabha. The National Cooperative Exports Ltd (NCEL) was registered in January this year under the Multi-State Co-operative Societies Act, 2002.