The prices of Indian rice have jumped by at least 10% in the last five days in both domestic and international markets. This high jump in rice prices can be seen after Bangladesh slashed its import duty and tariff on rice from 6.25 percent to 25% prompting Indian traders to make a sprint for export deals with the bordering countries. The Indian government has been trying to bring down the prices of rice.
Rice has been an important staple food for human beings for thousands of years. It is the predominant grain in many parts of the world, and over half of the world’s population depends on rice as a major source of nutrition. Similarly, rice producing countries economy depends on rice production and export.
Rice is the most important food grain in India. Rice accounts for 50% of India’s total food grain production.
Rice is the most important food grain in India. Rice accounts for 50% of India’s total food grain production. India is the largest producer of rice in the world, accounting for 20% of global rice production. Rice is grown in various states of India, but maximum production comes from West Bengal, Andhra Pradesh, and Uttar Pradesh.
Brown Rice is whole grain rice from which only the husk is removed. The rice has less processed than white rice and a huge demand from the global market due to its nutritional composition.
Although rice is a simple grain, its nutrition is enormously popular among healthy people around the world.
IR 64 Rice has high-yield-variety and also cost-effective in the international market.
Development of IR 64 Rice by IRRI
- The International Rice Research Institute had developed IR 8 rice in the global market. The rice had also very high-grain yield but also several defects were found. Mostly, the quality of the grain was poor, unable to diseases and pests resistance capacity, and also late maturation of the plant.
- In early 1980, the research institute again developed a variety which was resistance to pests and diseases and it achieved its high yield in just of only 111 days. The variety is very popular in the market as IR 36 which has provided better quality as compared with IR 8. The new variety was so popular that it was spread rapidly and estimated to be planted on 10 million hectares during 1980.
- The much-improved variety of IR 36 over IR 8 was still lacked the quality of the best varieties in the competitive market. Then, in the year 1985, the best variety was released in the market of the Philippines which was known as IR 64 Rice.
- IR 64 replaced almost all the varieties of IR 36 and spread rapidly in the new areas of different countries due to its best qualities.
Popular Qualities of the Rice
The qualities with improved varieties of IR 64 Rice were found in the market are as follows: