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LATEST NEWS UPDATES | World is worried about India banning rice exports, but no threat to food security yet -Shweta Saini and Siraj Hussain

World is worried about India banning rice exports, but no threat to food security yet -Shweta Saini and Siraj Hussain

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published Published on Sep 1, 2022   modified Modified on Sep 2, 2022

-ThePrint.in

2022 is emerging to be unique for Indian agriculture. Both the staple crops of rice and wheat appear to be suffering production losses.

The World Bank’s food security update of August 2022 flagged how global concerns over the likelihood of a rice export ban by India are rising. It noted that “exporters, concerned that export restrictions will be introduced (as has been done for wheat), are moving quickly to open letters of credit and have signed contracts to export 1 million tonnes of rice from June through September 2022.” But are these concerns real? Is there any cause for worry in the case of Indian rice? Our estimates show that even though there is no palpable threat to India’s food security, the window of Indian rice exports this year may be constrained.

In 2021-22, India produced about 130.29 million metric tonnes (MMTs) of rice. About 86 per cent of this (about 112 MMTs) was produced during the Kharif season (sown during June/July and harvested during November/December). The remaining 14 per cent was produced in the winter months during the Rabi season.

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ThePrint.in, 1 September, 2022, https://theprint.in/opinion/world-is-worried-about-india-banning-rice-exports-but-no-threat-to-food-security-yet/1108079/


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