News Snapshot:
India is the world's largest rice exporter, accounting for 40 per cent of the global rice trade. India exports rice to more than 150 countries, and any reduction in its shipments would increase upward pressure on food prices New Delhi: With India banning the export of broken rice with immediate effect, the supply chain for the food grain in China seems to be exacerbated as Beijing is considered to be the top buyer of it. Under the restraining order, India imposed a 20 per cent duty on exports of white and brown rice. The affected rice accounts for about 60...
