Rain shortage may dampen India’s battle against inflation - here’s why3 min read 03 Aug 2022, 08:18 AM IST
In the past two weeks, prices of several varieties of rice have increased by more than 10% in important rice-growing states including West Bengal, Odisha and Chhattisgarh.
India, by far the world's largest exporter of rice, has had a lack of rain in some areas. As a result, planting fields for rice have shrunk to their smallest size in almost three years. This could provide a new challenge for the world's food supply.
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