Amazing strategy done by India that is now being copied by other Asian countries.

 Amazing strategy done by India that is now being copied by other Asian countries. 

India is facing shortage of Rice due to 40% decline in rainfall in major rice producing states like UP. Now due to less supply and more demand, the price of rice should automatically increase right? But no, strangely that’s not happening. The Indian government is not increasing the price of rice in India and what they’re doing is reducing the supply of rice to other countries. Now we are the biggest exporters of the rice in the world and having 40% control on the global rice market. Now, if we stop supplying rice, the price will automatically increase globally. Now this happened in 2008 as well. When India blocked its rice exports and the price of one ton of rice went up to $1000. Currently its at $500 mark, right? Now this is a very proud feeling because the second and the third largest exporters of rice, Vietnam and Thailand have just copied this strategy. Now this is called rice politics with artificial inflation on a global level.

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