RICE

Under the trade norms, a WTO member's food subsidy bill should not breach the limit of 10 per cent of the value of production

Fortified rice is being distributed via public distribution system (PDS) in 269 districts so far and will cover the rest of the districts well before the deadline of March 2024, Union Food Secretary Sanjeev Chopra said on Thursday. Prime Minister Narendra Modi in his Independence Day address in 2021 said the government aims to distribute fortified rice via the government schemes by 2024. Thereafter, a scheme for the distribution of fortified rice, containing prescribed micronutrients (Iron, Folic Acid, Vitamin B12) was launched on October 2021 in a phased manner in order to address the problem of anaemia in children and women. Addressing a press conference, Chopra said fortified rice distribution in the last two phases has been implemented successfully. "This is a unique and very successful initiative of the central government which has given extremely good results in the past two years. We are extremely enthused by the response we got from the public," he said. There was a certa

The authorities in Chhattisgarh have been making efforts to get the GI tag for Nagri Dubraj for a long time

Odisha will have about 2 mn metric tonnes of surplus rice after meeting all its requirements, CM Naveen Patnaik said in a letter to the central govt asking for the evacuation of surplus rice

India's aromatic basmati and non-basmati rice exports rose 7.37 per cent to 126.97 lakh tonnes during the April-October period of the current fiscal, despite restrictions on the shipments, according to industry data. Exports stood at 118.25 lakh tonnes in the same period during the previous fiscal. "Despite curbs on exports of some varieties of rice, the overall exports remained strong so far," said Vijay Sethia, former president at All India Exporters Association. Out of total exports, basmati rice exports rose to 24.97 lakh tonnes during the April-October period of the 2022-23 fiscal, from 21.59 lakh tonnes in the year-ago period, he told PTI. Non-basmati rice exports increased to 102 lakh tonnes from 96.66 lakh tonnes during the comparable period, Sethia added. Basmati rice was shipped mainly to traditional markets of the US, Europe and Saudi Arabia, while non-basmati rice was exported largely to African countries. In September, the government had banned export of broken rice

Authority couldn't find adequate rate for the farm produce on the basis of its final product

Over 2,000 farmers from the interior areas of the worst Maoist-infested Narayanpur district will be selling paddy for the first time at MSP at the procurement centres

Continued carbon emissions would significantly reduce rice and coffee production in Indonesia -- one of the world's top producers of both crops -- according to a study

The spike in the prices of these two cereals was diametrically opposite to the cooling of the overall inflation rate and of food inflation, both of which hit a three-month low

As on September 16, FCI has approximately 22.45 million tonnes of rice and 24.09 million tonnes of wheat in the central pool

But financial considerations remain, especially if disinvestment receipts don't meet Budget target

Move to cost the exchequer additional Rs 44,762 crore

The government imposed a ban on the export of broken rice with effect from September 9 to increase domestic availability

The government on Friday said retail prices of rice in the domestic market will remain under control, helped by a ban on exports of broken rice and sufficient stocks in its godowns. The statement by the food ministry came a day after its factsheet alluded to a pricing pressure and rates of rice rising in the near term. By imposing the ban on export of broken rice, the government has "successfully ensured domestic food security, availability of domestic feed for poultry and cattle feed, while keeping a check over inflation as well as domestic price of rice", the food ministry said in the statement on Friday. With effect from September 9, the Centre imposed a ban on broken rice exports and also a slapped a 20 per cent export duty on non-basmati rice, except for par-boiled rice. "The domestic price of rice is in comfortable position and the prices will remain well under control...Due to surplus stock of rice, the domestic price of rice will be under control as compared to internationa

This acreage was, however, 1.13 per cent more than the normal area in which paddy is planted

This will be the lowest output in two years, according to first estimate

At least 20 ships are waiting to load around 600,000 tonnes of rice at Indian ports as New Delhi's surprise export restrictions have trapped cargoes for nearly a fortnight

Chhattisgarh has delivered a record quota of rice to the FCI and Civil Supplies Corporation by undertaking custom milling and paddy procurement simultaneously

"The duty has made Indian rice expensive. Exports would drop by at least 5 million tonnes," B.V. Krishna Rao, president of The Rice Exporters Association (TREA), told Reuters.

The Finance Ministry on Monday attributed the rise in inflation to base effect and increase in food and fuel prices, and stressed that initiatives taken by the government to curb price rise will be felt more significantly in the coming months. According to the data, the retail inflation inched up to 7 per cent in August from 6.71 per cent in July. The ministry further said that the core inflation, which is calculated by excluding the transient components of CPI --'food and beverages' and 'fuel and light' at 5.9 per cent remained below the tolerance limit of 6 per cent for the fourth consecutive month. "The headline inflation based on retail CPI recorded a moderate increase from 6.71 % in July 22 to 7.0 % in August 22. This increase is attributable both to an adverse base effect and an increase in food & fuel prices - the transient components of CPI inflation," the ministry said in a series of tweets. This is the second instance since RBI adopted the inflation targeting approach ...