Officials Decline to Reconsider Rice Export Ban Amidst Soaring Food Inflation

Officials Decline to Reconsider Rice Export Ban Amidst Soaring Food Inflation

August 15, 2023 Off By Author

Despite food inflation reaching a 39-month high in July 2023, the Centre has no plans to lift the recent export ban on non-basmati rice. Top officials emphasize that the primary concern is ensuring food security within the country. Any decision to reverse the ban in the future will be based on a thorough assessment of production, procurement, food stock, and prices.