• About
  • Advertise
  • Contact
  • Login
Newsletter
NRI Affairs
Youtube Channel
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other
No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other
No Result
View All Result
NRI Affairs
No Result
View All Result
Home News

Indian Rice Export Ban Spurs Rice Stockpiling Among NRIs in the US

India, being a significant player in the global rice market with a 40% share of rice exports, implemented a ban on non-Basmati rice varieties' export on July 20.

NRI Affairs News Desk by NRI Affairs News Desk
July 25, 2023
in News
Reading Time: 3 mins read
A A
0
Indian Rice Export Ban Spurs Rice Stockpiling Among NRIs in the US

Source: @mysteriouskudi/Twitter

Share on FacebookShare on Twitter
Advertisements

Non-Resident Indians (NRIs) residing in the United States are engaging in extensive rice shopping from India amidst a ban imposed by the Indian government on the export of non-Basmati rice varieties, as per reports. The ban has sparked concerns over potential rice shortages, leading to panic buying in North America, Europe, and West Asia. Indian grocery stores in these regions are witnessing long queues as a result.

The Times of India published a report detailing the situation, highlighting the significant demand among the Tamil community in particular. Major cities in Texas, Michigan, and New Jersey are witnessing overcrowded grocery stores, with multiple customers rushing to secure rice supplies.

According to the TOI report, the price of a 9 kg rice bag stands at $27. However, to manage the escalating demand, stores have imposed certain conditions on customers, restricting the sale to one rice bag per individual.

In the UK and Ireland, unlike the situation in the US, there was no observed rush at grocery stores for rice, as stated by a restaurant owner.

India, being a significant player in the global rice market with a 40% share of rice exports, implemented a ban on non-Basmati rice varieties’ export on July 20. This move was in response to multi-year high rice prices caused by unpredictable weather conditions threatening rice production.

During the second quarter, Indian exports of non-basmati white rice surged by 35% compared to the previous year due to heightened global demand.

Advertisements

Countries expected to be affected by the ban encompass various African nations, Turkey, Syria, and Pakistan, all of which are already grappling with elevated food-price inflation.

NRIs in parts of America and Canada – driven by rumour that Indian wheat and rice will no more be available here due to export ban – rush to stores to buy as much Indian wheat and rice as they can. pic.twitter.com/fx4LMuWfkC

— DeshGujarat (@DeshGujarat) July 23, 2023

Some of the top purchasers of Indian non-basmati rice include Benin, Senegal, Ivory Coast, Togo, Guinea, Bangladesh, and Nepal.

In September of the previous year, India had imposed a ban on broken rice exports and levied a 20% duty on non-Basmati rice exports, with the exception of parboiled rice, due to concerns about reduced production estimates attributed to a decline in the area under paddy crop. However, the ban was lifted in November.

India also restricted wheat and sugar exports last year in an effort to stabilise prices.

With rice being a major staple in global food consumption, international rice prices have surged to decade-high levels due to various factors, including the challenges posed by the Covid pandemic, the conflict in Ukraine, and the impacts of the El Niño weather phenomenon on production levels.

The recent imposition of a ban on rice exports by India has triggered a notable upswing in the cost of this essential food item, raising apprehension among Non-Resident Indians (NRIs) residing in the United States (US). Consequently, numerous NRIs are turning to the option of purchasing multiple rice bags from their nearby grocery outlets, foreseeing a potential scarcity and subsequent surge in prices.

Logo2
NRI Affairs News Desk

NRI Affairs News Desk

NRI Affairs News Desk

Related Posts

Indian-Australian Community Stands in Solidarity: Sydney Vigil Honors Victims of Pahalgam Terror Attack
News

Indian-Australian Community Stands in Solidarity: Sydney Vigil Honors Victims of Pahalgam Terror Attack

April 30, 2025
Melbourne Honours Legacy of Indian Social Reformers with Cultural Celebration
News

Melbourne Honours Legacy of Indian Social Reformers with Cultural Celebration

April 27, 2025
Explained: Do NRIs Need to Disclose Foreign Bank Accounts in Their Indian Tax Returns?
News

Explained: Do NRIs Need to Disclose Foreign Bank Accounts in Their Indian Tax Returns?

April 25, 2025
Next Post
Trade between India & Australia decreases by 15% with FTA

Trade between India & Australia decreases by 15% with FTA

Record Crowds Expected at New Zealand Sikh Games

Record Crowds Expected at New Zealand Sikh Games

Australia Boosts Ties with India, Extended Visas and Streamlined Processing

Australia Boosts Ties with India, Extended Visas and Streamlined Processing

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Envoy-Garcetti-assures-sustained-growth-for-the-foreseeable-future-nriaffairs

US places utmost importance on student visas: Envoy Garcetti assures sustained growth for the foreseeable future

1 year ago
New Zealand borders will open from 27 February

As New Zealand reopens, thousands leave the country

3 years ago
Deep Sidhu NRI Affairs

Sydney’s Punjabi community pays tribute to Deep Sidhu, appeals to vote for SAD (Amritsar)

3 years ago
India to grant e-visas to 100 Hindus and Sikhs of Afghanistan on priority

India to grant e-visas to 100 Hindus and Sikhs of Afghanistan on priority

3 years ago

Categories

  • Business
  • Events
  • Literature
  • Multimedia
  • News
  • nriaffairs
  • Opinion
  • Other
  • People
  • Student Hub
  • Top Stories
  • Travel
  • Uncategorized
  • Visa

Topics

Air India Australia california Canada caste china COVID-19 cricket Europe Gaza Germany Green Card h1b visa Hindu immigration India india-australia Indian Indian-American Indian-origin indian diaspora indian origin indian student Indian Students Khalistan London Modi Narendra Modi New Zealand NRI NSW Pakistan Palestine Singapore student students travel trump UAE uk US USA us visa Victoria visa
NRI Affairs

© 2025 NRI Affairs.

Navigate Site

  • About
  • Advertise
  • Contact

Follow Us

No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other

© 2025 NRI Affairs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com