Ruined rice crops in India's Haryana state.
More than three billion people worldwide rely on rice as a staple food and India contributed to about 40% of global rice exports.
India's rice stock is piling up as a result of the ban.
Vijay Bedi/CNNAt one of New Delhi’s largest rice trading hubs, there are fears among traders that the export ban will cause catastrophic consequences.
“The export ban has left traders with huge amounts of stock,” said rice trader Roopkaran Singh.
Persons:
India CNN — Satish Kumar, “ I’ve, ”, Kumar, Vijay Bedi, Niño, ” Kumar, ” Satish Kumar, Ukraine —, ” Arif Husain, Pierre, Olivier Gourinchas, ” Husain, “, CNN Surjit Singh, Harayana, …, El Niño, Roopkaran Singh, Husain
Organizations:
India CNN, CNN, United Nations Food, Agriculture Organization, India wasn’t, United Nations, Food Programme, ” Workers, Thai Rice, Association, India’s Ministry of Agriculture, Monetary Fund, Farmers, Reuters, Meteorological Organization
Locations:
Harayana, India, India’s Haryana, “, India's Haryana, Ukraine, Global South, United States, Russia, Rice, New Delhi, CNN Nepal, Vietnam, Thailand, Thai, Singapore, Indonesia, Philippines, El, India’s, West Africa