The curbs imposed by India on the export of rice, barely a few months after stopping the export of wheat and its products, seems an imprudent and ill-timed move. Apart from creating ripples in the global rice bazaar and damaging India’s image as a trustworthy trade partner, the decision also appears to be an overreaction to lower paddy planting in this kharif season when the country’s rice stocks are in comfortable surplus, the top edit says. Read it here
In other views:
The second edit sets out the pros and cons of the RBI’s proposal to vet