Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Nepal turns to India amid fears of food shortage in festive season, urges to export more rice, sugar
Aug 17, 2023
Nepal's festive season, which occurs between October and November, could be at risk of experiencing elevated prices for rice and sugar if measures to ensure a steady supply are not effectively implemented.
The Nepal government has requested India to facilitate the supply of paddy, rice and sugar, a senior official said in Kathmandu on Wednesday. According to the official, Nepal has urged India as a precautionary measure to mitigate any possible food scarcity in the upcoming festive season.
The request was made through the Ministry of Foreign Affairs to the Indian authorities last week, Commerce and Supplies Ministry Joint Secretary Ram Chandra Tiwari said.
'Nepal has requested India to provide one million tonnes of paddy, 1,00,000 tonnes of rice, and 50,000 tonnes of sugar,' he said.
'No immediate shortage of rice and sugar in the market: Nepal
Though there is no immediate shortage of rice and sugar in the market, there are rumours about its possible scarcity following India's decision to ban the export of non-basmati white rice to the international market.
So as a precautionary measure, the Nepal government has asked India to supply these food items, Tiwari said.
There are also concerns that traders might resort to hoarding these goods, potentially driving up prices as the festive season approaches, market analysts opine.
Nepal's festive season, which occurs between October and November, could be at risk of experiencing elevated prices for rice and sugar if measures to ensure a steady supply are not effectively implemented, they say.
India bans export of non-basmati white rice
On July 20, the Indian government banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. Non-basmati white rice constitutes about 25 per cent of total rice exported from the country.
Considering the Indian ban on non-basmati rice exports and the current weather phenomenon in Nepal, there may be a food crisis for a short period, say experts.
Nepal is heavily dependent on imported food, mostly from India. According to a recent report in The Kathmandu Post newspaper, from April 2021 to March 22, Nepal imported 1.4 million tonnes of rice — 1.38 million tonnes of non-basmati and 19,000 tonnes of basmati rice — from India, the highest import on record.
Nepali traders say that immediately after India stopped the export of rice, retail prices jumped by NRs 200 to NRs 250 per 25-kg bag. They say that prices are expected to increase further, particularly during the festive season, report said.
Nepal's request for foodgrains came as India is importing tomatoes from the Himalayan nation to arrest the spike in prices following heavy rainfall in key procuring centres in the country.
indiatvnews.com
Archive