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India Imposes 20% Tax on Some Rice Exports - Bloomberg

India, the world’s biggest rice shipper, restricted exports of key varieties that mainly go toward feeding Asia and Africa, threatening to rattle global crop markets and exacerbate food inflation and hunger. 

The government has imposed a 20% duty on shipments of white and brown rice, and banned broken rice sales abroad. The curbs apply to roughly 60% of India’s overall rice exports, according to Bloomberg calculations. 

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India Imposes 20% Tax on Some Rice Exports - Bloomberg
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