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. 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
Popular Qualities of the Rice
The qualities with improved varieties of IR 64 Rice were found in the market are as follows:
