{"id":257655,"date":"2023-08-28T20:17:09","date_gmt":"2023-08-28T14:47:09","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=257655"},"modified":"2023-08-28T20:17:09","modified_gmt":"2023-08-28T14:47:09","slug":"government-imposes-restrictions-on-export-of-basmati-rice","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/government-imposes-restrictions-on-export-of-basmati-rice\/","title":{"rendered":"Government imposes restrictions on export of Basmati rice"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201cGovernment imposes restrictions on export of Basmati rice\u201d\u00a0 <\/b><span style=\"font-weight: 400;\">published in<\/span><b> The Hindu on 28th August 2023<\/b><\/p>\n<h2><b>What is the News?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Indian government has halted the export of Basmati rice valued at less than $1,200 per tonne.<\/span><\/p>\n<h2><b>Why has the government imposed restrictions on export of Basmati rice?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This has been done to prevent the <\/span><span style=\"font-weight: 400;\">possible \u201cillegal\u201d shipment of plain white rice by wrongly classifying it as Basmati rice.<\/span><\/p>\n<p><b>Note: <\/b><span style=\"font-weight: 400;\">In July 2023, the <\/span><span style=\"font-weight: 400;\">export of non-Basmati white rice was prohibited.<\/span><\/p>\n<h2><b>Why has India banned the export of non-basmati white rice?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">India\u2019s reasons were domestic \u2014 rising food prices, high inflation and fear of rice shortage due to El Nino disruptions as the country heads into a festive season and elections<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><b>Why is India crucial to the global rice trade?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">India accounts for more than 40% of global rice exports, which amounted to 55.4 million metric tons in 2022.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">India&#8217;s rice shipments in 2022 were more than the combined shipments of Thailand, Vietnam, Pakistan and the US, the next four big exporters of the grain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over 140 countries are net importers of India non-basmati rice. Benin, Bangladesh, Angola, Cameroon, Djibouti, Guinea, Ivory Coast, Kenya and Nepal, having rice a staple food, are key buyers of non-basmati Indian rice<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cGovernment imposes restrictions on export of Basmati rice\u201d\u00a0 published in The Hindu on 28th August 2023 What is the News? The Indian government has halted the export of Basmati rice valued at less than $1,200 per tonne. Why has the government imposed restrictions on export of Basmati&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/government-imposes-restrictions-on-export-of-basmati-rice\/\">Continue reading <span class=\"screen-reader-text\">Government imposes restrictions on export of Basmati rice<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10498],"class_list":["post-257655","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/257655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=257655"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/257655\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=257655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=257655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=257655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}