Loading…
India's Commerce Ministry may extend incentives such as enhanced interest subsidies to agricultural exporters, including rice sellers, as part of the upcoming foreign trade policy review. Exporters say high working-capital costs under the new GST regime are hurting their competitiveness.
Lower financing costs for exporters could boost Indian rice shipments if the subsidy is approved, but the policy is only under consideration.
thehindu.comPTIJun 11, 2017After 168 past bullish policy events, RICE moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% 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.
