India’s rice exports surged by 85.7% year-on-year in October 2024, reversing earlier declines seen in FY24. This turnaround was driven by the removal of export bans and duties, alongside a record Kharif crop production estimate of 119.93 million tonnes (Jun-Nov, 2024). Indian exporters faced challenges in 2023 due to regulatory...
Recently, the Union Cabinet has approved continuation of supply of free Fortified Rice under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and other welfare schemes from July 2024 to December 2028. In accordance with the Prime Minister’s 75th Independence Day speech, the extension of the Rice Fortification initiative is expected...
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