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THE Department of Finance (DOF) urged rice traders to ensure that reductions in rice tariffs are passed on to consumers after rice inflation accelerated to 9.6 percent in October.

New Delhi: Pralhad Joshi, Union Minister of Consumer Affairs, Food and Public Distribution

ECONOMYNEXT – Sri Lanka’s Consumer Affairs Authority has entered several rice mills in the Polonnaruwa district

THE CONTINUED DECLINE in rice prices, which typically accounts for nearly half of overall inflation, is set to pave the way for further monetary easing, analysts said.

The average price of imported high-quality rice sold loose has surged by 144.77 percent year-on-year as the Federal Government delays implementing its duty-free food policy.

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October

Japan is poised to produce 6.83mn tonnes of rice in 2024, outpacing the estimated demand of 6.74mn tonnes for the year ending next June

The NBR reduced the import tax on rice from 62.5% to 2% through two separate statutory regulatory orders (SROs) on 20 October and 31 October

Hyderabad: The state civil supplies department has decided to seek bank guarantees and security deposits from millers based on their track record, following the recommendations of the Cabinet sub-committee on paddy-related issues. 

Ministry of Food plans to propose lowering tariff to 5%

TAIPEI (Reuters) - Taiwan's government offered rare details on Tuesday of its wartime food plan, saying it is taking monthly inventories of crucial supplies like rice and making sure they are properly stored across the island in case of a Chinese blockade.

India imposed a 20% duty on paraboiled rice exports in 2023 after its crop was impacted by a below-normal rainfall.

Colombo, October 22 - President Anura Kumara Dissanayake stated the controlled price of rice will not change, the President’s Media Division said.

Punjab Rice Millers Association chief appeals to farmer bodies to have patience, wait for meeting’s outcome.

SENATOR Cynthia A. Villar said P7 billion needs to be added to the Department of Agriculture’s (DA) proposed budget next year in order to fund the Rice Competitiveness Enhancement Fund (RCEF).

In order to increase the supply of rice in the market, the government has cut import duty on rice by 37%.

BHUBANESWAR : Minister for Food Supplies and Consumer Welfare Krushna Chandra Patra on Friday said rice millers will no longer purchase paddy from the mandis during this procurement season which is scheduled to start from November.