India is the largest rice exporter in the world, netting $6.8 billion in annual earnings, with Pakistan in fourth at $2.2 billion. The two countries are the only global exporters of basmati.
India's income tax revenues contracted 3.5 percent in the first 11 months of the current fiscal year, which began in April 2019, and income from other taxes grew by a meagre 3.8 percent, the finance ministry told parliament.
There will be no interest payable over the first two years of the loan, the government said. Farmers across Australia's east coast have been battling drought conditions for more than three years.
Health officials say 93 people were hospitalised with 29 on ventilator support after eating "toxic rice" at a Hindu temple in southern Karnataka state.
Dozens of countries have already signed on to the pan-African treaty, in an effort to create a single market for goods and services in the continent. But some trade unions in Nigeria are against it.
Droughts in Asia threaten to cut rice output and boost global prices
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2022 TRT World.