India to spend 6.5% more on food subsidies in fiscal year 2019-20: Sources- Moneycontrol.com

After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.

• May 31, 2024India supplies only 3.7% of export restricted food commodities to countries committed two years ago | Mint+2.4%
• Oct 8, 2018Exploring subsidies and tariffs in India-1.2%
• Nov 4, 2023India to extend free food grains programme by five years, says Modi | Reuters+4.2%
• Sep 24, 2020Agri Commodity Update: India's Sugar Subsidies, Transport Assistance & Food Stock Scrutinized by WTO-0.1%
• Feb 8, 2024India’s export restrictions on rice continue to disrupt global markets, supplies, and prices | Asia and the Pacific Food Security Portal+0.7%

After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% over 20.

• May 31, 2024India supplies only 3.7% of export restricted food commodities to countries committed two years ago | Mint-5.3%
• Oct 8, 2018Exploring subsidies and tariffs in India-2.7%
• Nov 4, 2023India to extend free food grains programme by five years, says Modi | Reuters-1.9%
• Mar 18, 2020India to export 3.5-4 mt of wheat until March 2021 if export subsidy extends-5.7%
• Dec 22, 2021India’s Curb on Futures Trade Threatens Food Supply Chain - The Wire-0.2%