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Is India Exporting Food Inflation to the World?
BBC News ^ | 8/31 | Nikhil Inamdar

Posted on 08/30/2023 7:05:00 PM PDT by nickcarraway

Erratic climate conditions - including the driest August in more than a century - have sent food prices spiralling above 11% in India, which is a major player in global agri-trade.

Just as tomato prices begin cooling down, onions have gotten dearer by a quarter since June in the domestic market. And pulses which go into making the humble dal (lentil soup) are now around 20% more expensive than at the beginning of the year.

India's got a "curry problem", some economists say, as the cost of a regular vegetarian meal jumped by a third in the month of July alone.

With some key state elections this year and a big general election looming next summer, the Indian government has swung into action, unleashing a number of measures to tame food inflation.

Following a ban on wheat in May 2022, India announced an abrupt stop to non-basmati white rice exports last month. More recently, the finance ministry imposed a duty of 40% on onions to discourage exports and improve domestic supplies.

(Excerpt) Read more at bbc.com ...


TOPICS: Business/Economy; China; Foreign Affairs; News/Current Events
KEYWORDS: brics; ccp; china; india

1 posted on 08/30/2023 7:05:00 PM PDT by nickcarraway
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To: nickcarraway
Erratic climate conditions - including the driest August in more than a century...

The weather experts back in 1901 promised the people of India that a drought like that would never happen again.

2 posted on 08/30/2023 7:22:33 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: nickcarraway

Texas just finished up their rice harvest. If you insist on having “Grown in India” on your bag of rice, then go for it. I’ll have some good ‘ol Texas rice and at a cheaper price. Remember, India is the I in BRICS.

Get the skinny at https://www.usarice.com/thinkrice/discover-us-rice/us-rice-facts . The US grows every variety of rice so there’s no need to import any. We are the 5th largest exporter.


3 posted on 08/30/2023 7:54:45 PM PDT by bgill
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To: bgill

India is the biggest exporter of rice to nearby Asian countries.

Basmati rice may still be imported in US from India, I just looked at the rice bag in my pantry, and it says “from the foothills of Himalayas”. Might be imported. I guess Publix sells only expensive kind.


4 posted on 08/30/2023 8:36:08 PM PDT by entropy12 (Career politicians like Desantis build wealth. Trump sacrificed his wealth to serve people. GO TRUMP)
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To: entropy12

The COSTCO huge bag? I love the way basmati cooks up.


5 posted on 08/30/2023 8:42:53 PM PDT by 31R1O (The people who can control themselves ought to be able to defend themselves from those who can't.)
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To: 31R1O

Oh yes, I will not eat any other rice.


6 posted on 08/30/2023 9:32:27 PM PDT by entropy12 (Career politicians like Desantis build wealth. Trump sacrificed his wealth to serve people. GO TRUMP)
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To: bgill

Who cares about BRICS? It is a fake organization. India is enemies of China - it certainly isn’t coordinating anything with its main strategic rival.


7 posted on 08/30/2023 9:49:19 PM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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To: entropy12

One time i ran across basmati Extra long grain ultra....

it was heaven & cooked properly
came out just like a cake , & each grain so beautiful


8 posted on 08/30/2023 10:20:53 PM PDT by thesligoduffyflynns (WHEN đź’ŽGOING THROUGH HELL KEEP GOINGđź’Ž IF IT DOEVeSNT KILL YOU IT will MAKE YOU STRONGERđź’Ž)
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To: thesligoduffyflynns

Add 2.5 times water by volume for best result and cook on low flame


9 posted on 08/30/2023 10:38:00 PM PDT by entropy12 (Career politicians like Desantis build wealth. Trump sacrificed his wealth to serve people. GO TRUMP)
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To: entropy12

🙋👍👍 + kebabs from the grill


10 posted on 08/30/2023 10:55:22 PM PDT by thesligoduffyflynns (WHEN đź’ŽGOING THROUGH HELL KEEP GOINGđź’Ž IF IT DOEVeSNT KILL YOU IT will MAKE YOU STRONGERđź’Ž)
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To: entropy12

I’m a little late to the Rice game, but I quickly determined that “Instant” Rice, while acceptable (sort of) doesn’t hold a candle to genuine rice in terms of flavor, and texture. Might be usable when camping or hiking, to save on fuel.

The Jasmine and white Rice is good, but it seems more suited to stir fry dishes. For my money, I like brown Rice. Takes even longer to cook, but it has a subtle flavor that I like, and doesn’t turn to mush in casseroles.

And the el-cheapo store brand U.S.A. grown brown Rice tastes fantastic. It has gone up a lot in price, still relatively inexpensive. I guess it should be stored in the freezer, as it can turn rancid over time.


11 posted on 08/31/2023 1:38:03 AM PDT by Freedom4US
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To: Alter Kaker; bgill

I would argue that China is not only India’s strategic rival, but an existential rival:
1. China supports Pakistan militarily and economically
2. China has been trying to build military bases in the Indian ocean - threatening India
3. China took parts of Indian territory in 1962 and claims more
4. China takes every opportunity to deny India a seat at the global stage


12 posted on 08/31/2023 3:15:10 AM PDT by Cronos (I identify as an ambulance, my pronounces are wee/woo)
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To: Cronos

Of course. India has a warmish relationship w Russia, but definitely no relationship at all w China. And that’s not going to change. BRICS is a completely fake thing. In its 20 years of “existence” it hasn’t done a single thing. Not one policy.


13 posted on 08/31/2023 3:20:32 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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