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Rice and wheat export bans are knee- jerk reactions, best avoided

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Highlights:  India has stopped export of non-basmati white rice to control domestic prices  India is the biggest rice exporter globally, second largest wheat producer  Temporary bans tend to show India as an unpredictable supplier   Gradual reduction in grain exports is desired as wheat and rice are water guzzlers   India’s water sources are depleting due to climate change  India, the world’s biggest rice exporter, has stopped the export of non-basmati white rice which accounts for around 80 percent of its rice exports.

For More Details Visit: https://www.moneycontrol.com/news/opinion/rice-and-wheat-export-bans-are-knee-jerk-reactions-best-avoided-11013861.html

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