# Ashok Gulati and Ritika Juneja write: Why rice and wheat bans aren’t the answer to inflation

> An opinion column argues that India's rice and wheat export bans are ineffective against inflation and impose high costs on poorer importing nations. It notes India exported a record 21 million tonnes of rice in FY22, about 41 percent of global exports.

- Date: 2022-07-03 · published 2022-07-03T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/40458-ashok-gulati-and-ritika-juneja-write-why-rice-and-wheat-bans-aren-t-the-answer
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The column reflects debate over whether India will extend its export bans to rice, which would matter for global rice supply, but it offers no new policy decision.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -1.5% | -6.5% |
| RICE | 2020-12-29 | [Ashok Gulati writes: To help farmers, right approach is through Farmer Producer Organisations, not APMC mandis](https://feedsoft.ai/events/49611-ashok-gulati-writes-to-help-farmers-right-approach-is-through-farmer-producer.md) | +3.0% | +12.2% |
| RICE | 2022-09-16 | [Why low stocks of rice, wheat and sugar shouldn’t push India to curb exports \| The Indian Express](https://feedsoft.ai/events/39563-why-low-stocks-of-rice-wheat-and-sugar-shouldn-t-push-india-to-curb-exports-the.md) | -2.4% | -5.9% |
| RICE | 2022-12-09 | [India's ban on rice and wheat exports has been a failure - Nikkei Asia](https://feedsoft.ai/events/38198-india-s-ban-on-rice-and-wheat-exports-has-been-a-failure-nikkei-asia.md) | -0.7% | +5.3% |
| RICE | 2023-07-20 | [Centre bans export of non-basmati white rice to check price rise - The Hindu](https://feedsoft.ai/events/35006-centre-bans-export-of-non-basmati-white-rice-to-check-price-rise-the-hindu.md) | +1.3% | -0.6% |
| WHEAT | 2024-02-12 | [What are reference prices and why are they in the farm bill?](https://feedsoft.ai/events/31656-what-are-reference-prices-and-why-are-they-in-the-farm-bill.md) | -4.8% | -1.5% |
| WHEAT | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -0.2% | -10.7% |
| WHEAT | 2020-12-29 | [Ashok Gulati writes: To help farmers, right approach is through Farmer Producer Organisations, not APMC mandis](https://feedsoft.ai/events/49611-ashok-gulati-writes-to-help-farmers-right-approach-is-through-farmer-producer.md) | +5.3% | +11.9% |

## Sources

- indianexpress.com: https://indianexpress.com/article/opinion/columns/ashok-gulati-and-ritika-juneja-write-high-costs-of-agri-trade-bans-rice-wheat-exports-8007017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
