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India Might Ban Basmati Rice Exports
Apr 15,2008 00:00
by
newseditor
India's central government is considering a proposal to impose a temporary ban on basmati (aromatic) rice exports as part of its ongoing measures to tame the surging inflation in the country. India completely banned exports of non-basmati rice last month and also raised the minimum export price of basmati rice to shore up local supplies and control inflation. Basmati rice makes up around 1% of India's total annual rice production. |