# India should cut interest rates to help exporters take advantage of US-China trade war: Ficci chief - The Statesman

> Ficci president Sandip Somany urged India to cut interest rates and adopt consistent farm export policies so Indian exporters can gain from the US-China trade war. He said India could replace China in some product areas if its exporters are competitive.

- Date: 2019-05-25 · published 2019-05-25T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/59029-india-should-cut-interest-rates-to-help-exporters-take-advantage-of-us-china
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Possible Indian export gains in agricultural goods could add demand for some grains and oilseeds, but this is an industry opinion with no policy action yet, so price impact is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-09-29 | [FACTBOX Why India's easing of export curbs is important to global rice trade \| Reuters](https://feedsoft.ai/events/28268-factbox-why-india-s-easing-of-export-curbs-is-important-to-global-rice-trade.md) | +0.1% | +0.0% |
| RICE | 2025-03-07 | [India allows exports of broken rice to cut stockpiles](https://feedsoft.ai/events/25548-india-allows-exports-of-broken-rice-to-cut-stockpiles.md) | +4.9% | +1.4% |
| RICE | 2023-09-06 | [The Dual Mandate of Food Exporting States: India’s Roles in the Global Food Order \| RSIS](https://feedsoft.ai/events/34053-the-dual-mandate-of-food-exporting-states-india-s-roles-in-the-global-food.md) | -6.2% | -6.5% |
| RICE | 2017-12-04 | [From Plate to Plough: Agri-futures, like China \| The Indian Express](https://feedsoft.ai/events/67453-from-plate-to-plough-agri-futures-like-china-the-indian-express.md) | -3.2% | -7.4% |
| WHEAT | 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) | +5.9% | -8.9% |
| WHEAT | 2022-05-14 | [India says ban on wheat exports is to check unregulated trade \| Reuters](https://feedsoft.ai/events/41368-india-says-ban-on-wheat-exports-is-to-check-unregulated-trade-reuters.md) | +4.0% | -0.3% |
| WHEAT | 2023-04-08 | [Export curbs: 'Merchanting' may aid traders - Times of India](https://feedsoft.ai/events/36373-export-curbs-merchanting-may-aid-traders-times-of-india.md) | -2.5% | -1.8% |

## Sources

- thestatesman.com: https://www.thestatesman.com/business/india-cut-interest-rates-help-exporters-take-advantage-us-china-trade-war-ficci-chief-1502758945.html

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