New food problem looms after Indian 20 percent levy on rice market: “This decision will cause global rice price hike”

Global rice market prices are in danger of rising sharply following measures taken by India to curb its exports. Due to the drought in the country, rice farmers have been able to sow less this year, after which the Indian government introduced a 20 percent levy on the export of brown and white rice. The sale of broken rice abroad is prohibited.

ttn-3