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The Indian Prime Minister's Office has cleared a new agriculture policy aimed at liberalising farm trade, now under inter-ministerial consultation and likely to go before the Union Cabinet. Critics say it is being rushed while farmer incomes, debt and suicides remain unresolved.
A more liberal Indian export regime could eventually loosen export controls on grains and feed commodities, shifting global supply and trade flows. The impact on prices is uncertain until the policy's details and timing are clear.
newsclick.inSumedha PalOct 5, 2018After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
