On July 20, India, the world’s largest exporter of rice — accounting for 40 per cent of the global rice trade — put a ban on the export of non-Basmati rice, and its impact is already being seen in Nepal as well.
Indian government banned the export of non-basmati rice. Despite this restriction, Indian rice remains readily available in the market.
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Over the past 60 years, the growth in the population consuming rice has exceeded the rise in rice production.
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