Despite a ban on rice exports, India continues to feed the world, especially its strategic neighbours such as Nepal, Bhutan, Sri Lanka, Maldives, Malaysia, Indonesia, Vietnam and Iran, as well as the wider Asean region.
According to government data analyzed by Mint, rice export to South Asian countries alone was $567 million in the first eight months of the current 2023-24 fiscal, as compared to $1.24 billion in the corresponding period last year.
In the case of Asean countries, rice export was at $341 million in April-November 2023 as compared to $541 million in the same period of 2022.
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