-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...
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Export curbs on wheat flour
-The Telegraph Decision to further restrict the export was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by PM Narendra Modi New Delhi: The Modi government on Thursday further restricted the export of wheat flour to curb rising prices as shipments have increased over 200 per cent during the April-July period compared with last year. The government in May had banned the export of wheat. The decision to...
More »Cabinet imposes curbs on atta exports -Subhash Narayan and Ravi Dutta Mishra
-Livemint.com To ensure food security of India’s 1.4 billion people, a decision was taken to prohibit export of wheat in May following rising demand for Indian wheat amid the Russia-Ukraine war. But, this caused a jump in export demand for wheat flour The Union cabinet on Thursday approved placing restrictions on wheat flour, or atta, exports to curb rising prices and ensure food security for the poor. The Cabinet Committee on Economic Affairs...
More »Centre weighs ban on rice exports -R Suryamurthy
-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...
More »Centre, RBI bid to curb inflation
-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...
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