Regional
India considers banning non-Basmati rice exports over inflation fears
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India, the world’s biggest rice exporter, is considering banning exports of most varieties of rice in a move that could send the already steep global prices higher.
Citing sources familiar with the matter, Bloomberg reported that the Indian government is discussing a plan to ban exports of all non-Basmati rice.
Sources said this was because of rising domestic prices and authorities want to avoid the risk of more inflation.
