India's rice production set to drop for the first time in 8 years; here's why
Friday, 1 March 2024 India expects a dip in rice production due to below-average rainfall. The ban on non-basmati white rice exports has caused a surge in prices. Concerns arise about government measures to control food prices during the general election and low inventories in rice-exporting countries. Wheat production is also a concern.
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Wheat stock with Food Corporation of India (FCI) has dropped below 100 lakh tonne for the first time since 2018, falling to 97 lakh tonne this month, due to low... IndiaTimes