Rice prices may increase in the coming time due to less sowing of paddy in the Kharif crop. This time the production of rice is expected to decrease by 60-70 lakh tonnes. This will also have an impact on inflation rates.
Retail inflation stood at 7 percent in August. However, the rate of wholesale inflation has remained at an 11-month low. Irregular and delayed southwest rains in June-September are expected to reduce the paddy crop. According to the consumer ministry, the wholesale price of rice has increased by 10.7 percent to Rs 3,357 a quintal in a year. The retail price has increased by 9.47 percent to Rs 38.15 per kg.
The Food Ministry estimates that due to this there may be a decrease in the production of rice. Some experts believe that India has enough buffer reserves, so there is no need to panic. Along with banning the export of rice, the government has also imposed an export duty of 20 percent to reduce the prices.
NITI Aayog said, there is no need to panic
NITI Aayog member Ramesh Chand said that there is no need to panic about the price of rice. The rise in prices is because the Minimum Support Price (MSP) has been increased. At the same time, fertilizers and fuel have also become expensive.
Naxal: 'We will root out Maoists by 31 March 2026', Amit Shah's promise to Naxal victims of Chhattisgarh
Union Home Minister Amit Shah appealed to the Naxalites to give up violence, lay down arms, and surrender. He said that if the Naxalites do not do so, a massive campaign will be launched against them.
Why did Modi-Modi slogans, Arvind Kejriwal laughed and explained the reason
Delhi Chief Minister and Aam Aadmi Party convener Arvind Kejriwal campaigned for the party in Gujarat on Monday. Arvind Kejriwal launched a scathing attack on the Bharatiya Janata Party amid the CBI
RR vs LSG: KL Rahul should stay away from this bowler of Rajasthan, last time he had covered the entire batting order of Lucknow
Riding on the victory chariot, Rajasthan Royals will clash with Lucknow Super Giants in the 26th match of IPL 2023. The Rajasthan team, led by Sanju Samson, is in excellent form and has scored a
WWE's dangerous wrestler will enter Bigg Boss 19. People would get scared just by looking at him
There are only a few days left for the controversial TV show Bigg Boss 19 to start. Since the release of the teaser of the show, there is curiosity among the fans about it. At the same time, the final
IND vs SA U19 Semi-Final: India defeats South Africa, gets ticket for World Cup final for the 9th time
The semi-final match of the Under 19 World Cup 2024 between India and South Africa was played on Tuesday. In this match, India won the toss and decided to bowl first. Batting first, South Africa
Weather Alert: Chances of rain today in favorable monsoon conditions, relief from heat in Delhi-NCR, mercury below 40
Rains before the arrival of monsoon in the national capital have brought relief from the scorching heat. The Meteorological Department has also predicted rain with thunderstorms in Delhi on Monday and
Farmer Protest: Farmers adamant on the ordinance, announce big fight in Mahapanchayat, will stop even milk and vegetables in Delhi
The farmers who set out to march to Delhi demanding 12 demands including a legal guarantee of minimum support price (MSP) of crops and loan waiver are adamant about the ordinance. In the fourth round
Covid-19: No longer worried about new variants of Corona, new vaccines will make it ineffective, and strong immunity will develop
Corona has been causing serious health risks globally for more than three years, with new variants increasing the threat even further. The cases of infection have been increasing rapidly in the last
Japanese girl left India and reached Bangladesh, many tweets after misbehavior on Holi in Delhi; Said...
Three accused have been arrested in the case of misbehavior with a Japanese girl while applying color on the day of Holi in Delhi. At the same time, the girl has also made several tweets in this
Assam Police arrested three people in Miya Museum case, related to ABT and Al-Qaeda
The Assam Police in connection with a private Mia museum dedicated to the Mia Muslim community in Goalpara district has been accused of misappropriation of the premises and the involvement of
