New Delhi, Feb. 14 -- The Commerce Ministry has emphasised the government's prioritisation of maintaining adequate domestic supplies. This focus has been highlighted as a significant factor contributing to the substantial 9 per cent year-on-year (YoY) decrease in agriculture exports observed from April to December 2023.
The ministry pointed out that agriculture exports during this period have grown by 8 per cent if commodities like wheat, non-basmati rice, broken rice and sugar are excluded.
The impact of the Red Sea conflict was cited as a reason for the decline in basmati rice exports to the European Union (EU) and Egypt, although no adverse effects were observed in West Asia.
Breaking down the export figures, basmati rice showed pr...