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Government closely monitors rice situation in domestic, and international markets on weekly basis

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The government is closely monitoring the rice situation in the domestic as well as international markets on a weekly basis and it can increase the percentage share in global rice trade when favourable conditions arise, Parliament was informed on Wednesday. India has banned the export of broken and non-basmati white rice given the uncertainty around rice production here and other rice-producing countries due to geopolitical scenarios, El Nino sentiments and extreme climatic conditions to check domestic prices and ensure adequate availability in the market here.

Source Link :- https://www.zeebiz.com/india/news-government-closely-monitors-rice-situation-in-domestic-and-international-markets-on-weekly-basis-269430

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