India has imposed restrictions on the export of basmati rice, following the imposition of a 20% duty on parboiled rice. The government has set a minimum export price of $1,200 per ton for basmati rice shipments. Contracts below this price will be put on hold and evaluated by a committee.

  • YⓄ乙 @aussie.zone
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    1 year ago

    OMG! True. I should be thankful for what I have. Sometimes I wonder India has money to send rockets and satellite to space but can’t fix its infrastructure and poverty. Feel like its intentional.

    • AggressivelyPassive@feddit.de
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      1 year ago

      No, it feels like poor understanding of economics on your side.

      Space programs are an investment. They create way more GDP than they cost. They educate young engineers, prop up local high tech companies and generally help create a highly skilled labor force that then also is able to work in other fields, using skills and technologies from the space program.

      I’m not sure about India, but there are studies about the economic impact of NASA, and every dollar spent on them returns several dollars in GDP/tax revenue.