Rice may become more expensive

Non-basmati rice is an important export commodity in India, and the restrictions have caused significant losses to growers who have been unable to take advantage of demand in international markets. By restarting exports, the government aims to increase revenues and support the growth of the agricultural sector.

The mitigation proposals are also aimed at boosting trade relations, especially with countries that import large quantities of agricultural products from India. The lifting of export restrictions could boost India’s agricultural exports and contribute to economic growth while providing farmers with a more stable livelihood.