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India imposes 20% duty on rice exports of various grades

A woman spreads paddy crop for drying at a rice mill, on the outskirts of Agartala in India. Photo Reuters/File

India on Thursday imposed a 20% duty on exports of various grades of rice, according to a statement seen by Reuters, as the world's biggest exporter of the grain tries to calm local prices.

Below-average rainfall in key rice-producing states such as West Bengal, Bihar and Uttar Pradesh has raised concerns over rice production in a country that has already banned wheat exports and restricted sugar shipments this year.

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India imposes 20% duty on rice exports of various grades

A woman spreads paddy crop for drying at a rice mill, on the outskirts of Agartala in India. Photo Reuters/File

India on Thursday imposed a 20% duty on exports of various grades of rice, according to a statement seen by Reuters, as the world's biggest exporter of the grain tries to calm local prices.

Below-average rainfall in key rice-producing states such as West Bengal, Bihar and Uttar Pradesh has raised concerns over rice production in a country that has already banned wheat exports and restricted sugar shipments this year.

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শিক্ষার্থীরা রাজনৈতিক দল গঠনে প্রস্তুত: ফিন্যান্সিয়াল টাইমসের পডকাস্টে ড. ইউনূস

সুইজারল্যান্ডের দাভোসে বিশ্ব অর্থনৈতিক ফোরামের বার্ষিক সম্মেলনে গিয়ে ফিন্যান্সিয়াল টাইমসের পডকাস্টে যোগ দেন ড. মুহাম্মদ ইউনূস।

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