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Earlier the central government had said that there are no plans to impose any restrictions on the export of rice
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Centre has taken an important decision to bring the prices of rice in India under control. The government has imposed a duty of 20 per cent on the export of various grades of rice.
In fact, in major rice producing states like West Bengal, Bihar and Uttar Pradesh, due to below average rainfall, there is a possibility of problems in rice production. However, earlier the central government had said that there are no plans to impose any restrictions on the export of rice.
The government said that there is enough buffer stock to meet the domestic needs. India is the second largest rice producer in the world after China. In the financial year 2021-22, India exported 21.2 million tonnes of rice.
Actually, this year the area under paddy has come down by 6 per cent to 367.55 lakh hectares due to less rainfall. Till August 26 of the current kharif season, less paddy area has been reported in Jharkhand (10.51 lakh hectares), West Bengal (4.62 lakh hectares), Chhattisgarh (3.45 lakh hectares), Uttar Pradesh (2.63 lakh hectares), Bihar as well.
Earlier, the central government had banned the export of wheat. At the same time, some important restrictions have been imposed regarding the export of sugar.