Online BusinessGovt may import rice to meet shortfall
India may import rice if domestic supplies are inadequate to meet the government’s requirements for the so-called central pool, a minister said.
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“The government has assessed the stock position and decided that import of rice for central pool is not required at this stage,” Junior Trade Minister Jyotiraditya Scindia said in a written reply to a question in parliament in New Delhi today.
India’s monsoon-sown rice output may decline 18 per cent to 69.45 million tonnes from a record 84.58 million tonnes last year, after a drought in almost half the country ravaged crops, the farm ministry has said.