[Source: CNN News]
Last month, India, which is the world’s largest exporter of rice, announced a ban on exporting non-basmati white rice.
In a bid to calm rising prices at home and ensure food security.
India then followed with more restrictions on its rice exports, including a 20% duty on exports of parboiled rice.
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The move has triggered fears of global food inflation, hurt the livelihoods of some farmers and prompted several rice-dependent countries to seek urgent exemptions from the ban.
More than three billion people worldwide rely on rice as a staple food and India contributed to about 40% of global rice exports.
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