With the normal monsoon in many areas in India, the sowing of kharif crops like Rice, Pulses, Coarse Cereals, Sugarcane and Cotton are progressing well. Even though some areas in India received excess rainfall which caused flood and some were affected by drought, the overall sowing increased by about 3 percent.
It is anticipated that this increase is not enough to meet the demand supply gap in India. in order to meet that domestic demand and to control the market prices until January next year, government has decided to imports 2 million tons of Rice and Wheat.
In the 2 million ton of imports, 1.5 million tons of Rice would be imported from Cambodia and Thailand, while the rest 0.5 million tons of Wheat will be imported from Russia and Ukraine. The imports will be done within January 31 next year.
The government also stated that no additional food grain imports will be allowed, as additional imports will affect the farmers around the country, and the prices will also go down significantly.
It is anticipated that this increase is not enough to meet the demand supply gap in India. in order to meet that domestic demand and to control the market prices until January next year, government has decided to imports 2 million tons of Rice and Wheat.
In the 2 million ton of imports, 1.5 million tons of Rice would be imported from Cambodia and Thailand, while the rest 0.5 million tons of Wheat will be imported from Russia and Ukraine. The imports will be done within January 31 next year.
The government also stated that no additional food grain imports will be allowed, as additional imports will affect the farmers around the country, and the prices will also go down significantly.
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| Rice and Wheat exports imports |
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