4 ms·
For all those saying that this due to the climatic conditions, you’ll are only semi-wrong (/jk), as it has to do with political climate instead with the upcomin
by rajnathani 3y ago
For all those saying that this due to the climatic conditions, you’ll are only semi-wrong (/jk), as it has to do with political climate instead with the upcoming elections next year (those in power want to appease their electorate base with lower rice prices). This is also the second time this has occurred, the previous time it was from the other ruling party, and them by enacting the rice export ban then, put a lot of rice factories out of business due to the ensuing demand shock (I know someone whose entire family business of multiple factories had to shut down for good due to this).