India Leads Rice Exports, How much does the World Rely on India for the Crop? | Firstpost Unpacked
India is the world’s largest exporter of rice. In July India implemented a ban on rice exports which shot the global price of rice to a 15-year high.
How did India become the rice bowl of the world and how much rice does India export.
Did you know that there are thousands of varieties of rice and India’s top export destinations are in Africa and West Asia.
What will India do next to ensure that the world doesn’t end up in a food crisis?
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But yet millions go hungry.
Is this something to be proud of?
China exports electric vehicles, mobile phones and other industrial products
India exports rice?
USA used lead arsenate for decades on our rice crops, now the rest of the world won't bye it.
exporting food that your population badly needs to earn foreign exchange… the india story haha
At our local Indian store in Texas, Indian Sonam rice sells for 2 dollars a pound. Every year India ships out 13 million tons, so if my math is correct, that is 52 billion dollars per year if sold at 2 dollars per pound.
Wheat and potatoes are good alternatives to rice for developing societies.
We ought to gradually stop exporting non- basmati rice, and reduce basmati exports, especially to developed countries. African countries might still need our help, but other rich countries should buy from elsewhere. Why? Because exporting rice is really exporting ground-water. We are giving away five times the ground-water for every portion of rice without charging for the water. That’s a criminal waste. Ground-water and fresh water is already the most strategic asset of any nation. China is smart – they produce more thanIndia, yet they don’t export, and they steadily stockpile rice from Vietnam, Cambodia and other countries. Japan, another large consumer of rice, produces all it’s rice and neither imports nor exports. We need to become smart too.
India should lower down rice production. Rice plants are water heavy, India already have very low ground water and it’s decreasing at rapid rate. As soon India move out of rice export, is as better.