Non-basmati rice from India makes up about 17 per cent of Singapore’s imported rice, says the Singapore Food Agency.
SINGAPORE: Singapore is in close contact with Indian authorities to seek exemption from the country’s ban on the export of non-basmati rice, said the Singapore Food Agency on Friday .
Non-basmati rice from India makes up about 17 per cent of Singapore’s imported rice, said SFA in response to CNA queries. India accounts for more than 40 per cent of all global rice shipments, so the decision could"risk exacerbating food insecurity in countries highly dependent on rice imports", data analytics firm Gro Intelligence said in a note.
The increase came even after the Indian government banned broken rice shipments and imposed a 20 per cent export tax on white rice in September.Under Singapore’s Rice Stockpile Scheme, rice importers must hold a buffer inventory equivalent to twice of their monthly imports. This helps to ensure an adequate supply of rice in the market, said SFA in its statement.
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