The survey noted that price stabilisation measures such as open market sales, trade controls, and steps to check hoarding, aimed at giving comfort to consumers, often conflict with income-support policies for farmers. Recent growth rates show that agri-food production is rising faster than growth in domestic demand, and volume of surplus for export is witnessing accelerated growth. India’s export limitations on agricultural commodities are detrimental to Malaysia.
India as the world’s largest exporter of rice and onions and the second largest exporter of sugar, imposed these export restrictions to manage domestic prices. Malaysia, a major exporter of palm oil to India, faces challenges due to the export restrictions on food item. India and Malaysia have committed to enhancing cooperation in the fields of oil palm and other agricultural sectors, including the application of digital technology in plantations.
Presentation- Dibyabharati Nayak
