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CONCERN OVER STEADY DROP IN RICE EXPORTS FROM KAKINADA PORT

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A steady drop in the quantity of rice being exported from the Kakinada Port has remained a cause of concern for both the traders and the farmers.Rice is being exported to African countries from the Kakinada Anchorage Port, one of the oldest ports in the county, ever since the Centre lifted the ban on rice exports in 2011. Since East and West Godavari districts are considered the rice bowl of the State, there is no dearth of produce for the exports. The traders clinched deals with the foreign parties and shipped rice to the destinations.

Interestingly, the quantum of rice being exported has been falling year by year owing to the tough competition from other rice producing countries and the global economic recession. In the financial year 2012-13, the Anchorage exported 26.73 lakh metric tonnes to various African countries, which is a record even today. The quantum has come down to 22.67 lakh metric tonnes in 2013-14 and to 22.01 lakh metric tonnes in 2014-15. The recent bulletin of the Cocanada Chamber of Commerce indicated that 19.17 lakh metric tonnes of rice was being exported in the fiscal 2015-16.

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