Despite challenges, Pakistan’s agricultural sector has shown resilience with record volumes of cotton, rice, and wheat production. The textile sector relies on cotton, with plans to further enhance cultivation. Rice exports are predicted to reach $3 billion, emphasizing the need for diversifying and improving quality. A bumper wheat crop of 27.5 million tonnes is expected to increase to 29 million tonnes, ensuring food security without imports. Farmers should receive fair prices and support to save foreign currency reserves and guarantee food security.

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India has lifted restrictions on the export of non-basmati white rice to selected countries, aiming to alleviate pressure on the global rice market and reduce prices. This decision comes after a ban on such exports led to a sharp increase in global rice prices. The move is expected to address concerns raised by global organizations regarding a potential food crisis.

The government of Pakistan has granted permission for the export of non-basmati white rice to seven countries, including Nepal, Cameroon, and Malaysia, to meet their food security needs. This move aims to promote rice exports from Pakistan and showcase the country’s high-quality products to international markets.

India’s ban on non-basmati rice exports raises concerns about its commitment to global food security efforts, particularly as the G20 president for 2023. Critics argue that the ban is politically motivated, aimed at reducing food prices ahead of the upcoming elections. A multilateral approach, providing capital assistance and subsidies, may be a more effective solution.

The Indian government has increased the minimum support price (MSP) of wheat by Rs 150 to Rs 2,275 per quintal for the 2024-25 marketing season, the highest increase since 2014. MSP for other rabi crops has also been raised. This move aims to control consumer prices and appease wheat-growing states going to polls. The government is promoting crop diversification and ensuring wheat supply while tackling climate change challenges. (Source: Republic World)

India’s decision to maintain the floor price for basmati rice exports raises concerns about the impact on overseas sales and farm incomes, intensifying competition with Pakistan in the basmati rice market.

India has allowed the export of non-basmati white rice, aiming to address food security needs and boost domestic supply. The exports will be facilitated by NCEL and DGFT, benefiting Nepal, Cameroon, Malaysia and strengthening India’s position in the global rice market. Source: National Herald India.

The Indian government has lifted the ban on the export of non-basmati white rice, allowing 10,34,800 tonnes to be exported to Nepal, Cameroon, and Malaysia, among other countries. This decision aims to meet food security needs and promote Indian rice in the global market. For more information on rice exporters and suppliers, visit [hasrice.com](https://www.hasrice.com).

The Pakistani rupee’s 28-day winning streak against the US dollar came to an end as it declined by 0.07% to close at 277.03. Analysts believe this correction was expected and the future movement of the rupee will depend on the IMF review in November and other factors.