Riceplus Magazien is a quarterly magazine that publishes research articles including industry realted for the rice sector.It shares global and regional articles on rice.Riceplus Magazine also publishes two digital magazines on daily basis namely Daily Global Rice E-Newsletter & Exclusive ORYZA Rice E-Newsletter for entire global agriculture community.For more information visit on www.ricepluss.com
Indian Rice Exporters Gauging Impact of Anti-Iran Sanctions
Exporters of Indian Basmati Rice to Iran are keen... https://financialtribune.com/articles/economy-domestic-economy/87519/indian-rice-exporters-gauging-impact-of-anti-iran-sanctions
A mother with her children working on rice field in northern Vietnam.
Export surge to other countries marks good prospects for Vietnamese rice.
Vietnam’s rice export sector is showing signs of reducing its dependence on China with other markets picking up the slack, according the Ministry of Agriculture and Rural Development.
In its monthly report for May, the ministry says that rice exports to China in the first four months of this year dropped to 33.5 percent of the total from 47.5 percent last year. The value of rice imported by China during this period fell 0.9 percent year on year to $370.8 million, it said.
China still remains Vietnam’s top importer of rice.
However, while the Chinese market shrinks, other markets in Asia are increasing their intake from Vietnam. Rice imported by Indonesia during the first four months went up 333 times over the same period last year, Iraqi imports increased by over 16 times, that of Malaysia tripled, of Hong Kong increased 41.5 percent and that of Singapore,15.7 percent.
With the Philippines planning to import over 293,000 tons of Vietnamese rice in the coming months, rice export prices will stay positive, the report said.
Last year, Vietnam exported almost 5.9 million tons of rice worth $2.66 billion. This number is likely to reach 6.7 million tons this year, according to the United States Department of Agriculture.
There's a new enemy in Britain’s ongoing battle with the bulge.
The nation’s obesity crisis is partly being fuelled by the seemingly
harmless potato.
Scientists have found a single baked spud contains the
equivalent of 19 lumps of sugar.
That is nearly three times the seven lumps, or 30g, of daily
added sugar recommended by the NHS.
Currently 63 per cent of UK adults are considered overweight or
obese and 3.5 million suffer from type 2 diabetes.
Experts believe eating too many of the wrong sort of
carbohydrates add inches to waistlines.
Dietitian Alison Barnes said: “Looks can be deceiving. Just
because a food doesn’t look sweet, it doesn’t mean it won’t release lots of
sugar into your bloodstream.
“When you eat a food item, like a jacket potato, your body
breaks the starch down into sugar which equates to 19 cubes.”
She said a small white bagel is packed with 11 lumps and a small
bowl of rice equals 20.
Her revelations feature in BBC One’s The Truth About Carbs,
hosted by medical doctor Xand van Tulleken, a self-confessed carbs addict who
once weighed 19 stone.
Dr van Tulleken said: “Too many of us are getting the wrong type
of carbs leading to type 2 diabetes. There are three types of carbohydrates –
starch, sugar and fibre.
"There is lots of starch in potatoes, pasta and bread and
lots of sugar in fizzy drinks, sweets and processed foods.
"Once eaten they get broken down into glucose and get into
your bloodstream where you body uses it as energy.
“But if we eat too many they are turned to fat. Fruits and
vegetables contain fibre which releases energy very slowly and is good for gut
health – as well as not making us fat.”
He said Brits don’t eat enough of a little-known carbohydrate
called resistant starch, found in wholegrain loaves, which like fibre, helps
keep bowel cancer at bay.
Conversely white bread is full of starch that is quickly turned
into glucose, he said.
He said research showed eating 30g of fibre daily, such as green
leafy vegetables, can cut the risk of bowel cancer by 30 per cent.
The programme also found white bread can be more healthy if
frozen before toasting as some sugary starch turns into resistant starch.
Scientists have discovered starchy carbs in pasta, rice and
potatoes can be better for us by cooking then cooling.
With so much medical advice about diets it can be difficult to
know if we are affected.
There is a simple test devised by author Dr Sharon Moalem that
anyone can do at home to find out how well they tolerate starchy carbs like
rice, pasta and bread.
Simply chew a small, unsalted cracker and time how long it takes
to change taste in the mouth.
If the change takes place fairly quickly it means you can eat a
lot of carbs without any problems.
If it takes you longer but there is a change, it means you need
to watch you intake – taking care not to overindulge.
But if you don’t experience any change at all after 30 seconds,
Dr Moalem suggests your body struggles to process them and you might want to
reduce sugar and starchy carbs from your diet.
Invited to
iftar: Twin Ports Muslims welcome community to Ramadan meal
By Tom Wilkowske, For the News
Tribuneon Jun
3, 2018 at 5:00 a.mPeople
line up for pakora (fritter-like fried lentils) and watermelon before prayer
during a traditional Ramadan iftar, or fast-breaking meal, at the Islamic
Center of Twin Ports on May 26. During Ramadan, some Muslims fast from sunrise
to sunset for 30 days. Many guests said curiosity and friendship brought them
to the Ramadan open house. Tyler Schank / tschank@duluthnews.com1 / 5
The Twin Ports Islamic Center opened its doors
recently to people interested in learning about and taking part in an iftar,
the evening meal that's part of the holy month of Ramadan for Muslims.
The event on May 26 drew about 50 members of the mosque as well
as about a dozen Christian and Jewish community members from Duluth, Superior
and as far away as Grand Rapids. It was part of "Taking Heart," a
statewide community outreach project of the Muslim American Society of Minnesota and the Minnesota Council of Churches involving 20-some
mosques and Islamic centers.
Ramadan marks the time when the first parts of the Koran were
revealed to the prophet Mohammed. Considered the holiest time of the year in
the Muslim calendar, it is set to conclude this year on June 14.
Muslims observe Ramadan by fasting during the daytime, so meals
must be eaten before dawn and after sunset. The pre-dawn meal, known as a
suhur, is usually taken with family members, but iftar is more often shared
with a larger group.
Naeem Chaudhry, a Duluth pediatrician and board member of the
center, said long daylight hours in northern latitudes like Duluth's make for a
very long fast. Even though young children are not required to fast, Chaudhry
said his son Muneeb has begged his parents to wake him up for suhur. "It's
hard," he laughed. "We've tried, but he doesn't even remember being
woken up."
But Muneeb, a third-grader with his twin brother Mujeeb at
Hermantown Elementary School, was bright-eyed at the iftar and happy to be
there. His favorite part of the iftar, he said, is "the food, and being
together."
Chaudhry said the intent of fasting is to teach Muslims
humility, self-restraint, discipline and compassion for those less fortunate.
It's also intended to shift the emphasis from our physical selves to our
spiritual sides, he added. "It's to bring us closer to God."
Although it can seem physically challenging at times, Naeem said
the fasting helps him feel healthier, more energetic and yet calmer at the same
time, during Ramadan. "I really enjoy getting together to eat and to pray,
and all day long feeling very light," he said.
In the center's basement, adults and teens sorted into groups
and talked while waiting for the fast to end. Most of the women wore hijabs,
head-covering scarves, along with colorful robes and dresses. Men's attire
ranged from informal to formal: from jeans, polo shirts and sandals, to
business casual, to formal gowns and robes representing the wearer's
nationality.
Elementary school-age children darted about, bantering, orbiting
between their parents and the food-laden tables. Arshia Khan, who with her husband,
Imtiaz Mohamed, provided the evening's food, brought out pan after pan of
traditional Indian dishes. Bustling in and out of the kitchen, Khan and her
helpers set the trays up under chafers to keep them warm. For those who hadn't
eaten since before daylight, the wait until 8:50 p.m. must have seemed even
longer.
But finally, it was time. "Peace to all of you," said
center member Nik Rushdi Hassan, who welcomed guests from several area churches
a well as Temple Israel. He explained the evening's schedule: first, a snack to
break the fast, followed by a prayer upstairs, the full meal, a short program,
and finally the evening prayer.
After reciting a short prayer, Hassan encouraged everyone to
help themselves to food from the snack table and to take "just a little
bit just to break the fast," he said. "Traditionally, we start with
dates. You can continue enjoying your finger goods as we get ready to go
upstairs for the prayer."
Besides dates, the table was filled with watermelon, banana
bread and pakora, a type of fritter made with chickpea flour and onion.
"Try some with ketchup," Chaudhry suggested.
After a few minutes, the call to prayer came over the speaker
and everyone went upstairs, removing their shoes before entering the worship
space. After a few more minutes, prayers were done, and the iftar dinner began.
Diners helped themselves to chickpea salad, egg curry, green
salad, curried chicken, a creamy vegetable dish called navratan korma, and
biryani, seasoned, braised goat served on a bed of long grain basmati rice.
Washing it all down with water, soda and black tea, they finished things off
with baklava, the flaky, layered pastry soaked in honey and studded with nuts.
The biryani, flavored with lemon, mint, cilantro and yogurt, was
heady, rich and tangy, salty and herbal. Although it's sometimes prepared with
lamb, Arshia said she prefers goat. "Goat is the most delicious meat you
can find, and it's also the leanest."
The navratan korma featured a rich broth and cream, which is
cooked down as spices and herbs are added one by one. Cilantro, cumin,
allspice, turmeric, ginger, garlic paste, tomato, and garam masala each added
to the deep, complex flavor.
Khan had intended to start preparing the evening's feast meal at
10 a.m. Friday. But her work as an associate professor of computer science at
the University of Minnesota Duluth was also pressing. "I'm applying for a
grant, and we had to meet for that and besides, it's advising time now for
students."
With some help from her daughters, Khan started cooking at 4:30
p.m. Friday and didn't stop until nearly 1:45 Saturday morning. Cooking started
up again at 10 a.m. and continued until just a few hours before the dinner, she
said, at which point the challenge was to keep all the warm food warm. Kahn
said her stirring arm was a bit sore in the morning, but it was just part of
the giving ethic of Ramadan.
"It's about being the best human being you can be for a
month and then hopefully, it rubs off on the rest of the year," she said.
Center members get together for group iftars on weekends during
Ramadan. Some are prepared by a single family and others are potluck meals. The
center's ethnic diversity means members have a chance to bring their own
Ramadan food traditions to the group. Members hail from Pakistan, Bangladesh,
India, Indonesia, Palestine, Lebanon, Libya, Iraq, Iran, Sudan and Egypt.
Iftar visitors said they appreciated the chance to connect with
their Muslim neighbors.
"My friend had seen it in the newspaper," said Sally
Munger, who with her husband, Will, attends the Unitarian Universalist
congregation in Duluth. She had also met Khan through a program on Islam at UMD
a few years ago. "I'm glad to come," she said. "We need more
opportunities like this."
Munger's friend, Gail Schoenfelder, said she'd been wanting to
connect more with members of Duluth's Muslim community, and the iftar provided
the perfect opportunity. "I thought, what a great way to come
together."
As the dinner wound down, a few of the guests were invited to
address the group.
"We so appreciate your hospitality and hope we can
reciprocate it someday in our daily lives and in our worship lives," said
the Rev. Therese Tomanek, a retired chaplain from Duluth.
Creeping
Afore
Election after election, the BJP is
demonstrating its growth in Bengal, a new child on the political block
snatching attention from better-heeled elders. The recent panchayat polls have
been no different. What’s the party’s appeal a symptom of? Prasun Chaudhuri
reports
Prasun ChaudhuriJun 03, 2018 00:00 IST
ADVANCE
PARTY: A rally of the BJP’s Minority Morcha in Calcutta earlier this
year; (below) Dilip Ghosh, Amit Shah and Kailash Vijayvargiya at a party
meeting in Mahajati Sadan
That day
when we call up Sukhamay Satpati, Jhargram district president of the Bharatiya
Janata Party (BJP), we can barely hear him. It is a week after the announcement
of the panchayat poll results in West Bengal. From the sound of it, the BJP
party office, 170 kilometres west of Calcutta, is still in the throes of
euphoria. Dhamsa, madal and cymbal can be heard in the background.
Lusty chants of "Vande Mataram" and "Bharat Mata Ki Jai"
drown Satpati's voice and he asks us to call back; he is in the "middle of
a historic event".
In the
recently-ended panchayat polls, of the 806 gram panchayat seats in Jhargram - a
tribal dominated area - the BJP bagged 329 or 42 per cent vote share against
Trinamul Congress's 373 seats or 48 per cent of the vote share. Only 14 seats
went to the Left Front.
An hour
later, Satpati says, "What started as a trickle before the panchayat
elections seems to have turned into a flood now." He is talking about the
exodus of workers from the TMC to the BJP.
Says
Satpati, "Today, Bablu Sheikh, president of TMC's youth wing in Jamboni
block, joined us along with 500 party workers."
Indeed,
the BJP's performance in Jhargram is a coup of sorts. The party's tally here is
far higher than the state average of 18 per cent vote share. Satpati says,
"TMC tried tooth and nail to loot votes, aided by the police and the
administration. Even then we bagged so many seats. Had they allowed a fair
election, our tally would have crossed 400 seats."
According
to him, disgruntled locals - mostly tribals - played a key role. He says,
"They were betrayed by the TMC, just as they had been by the Left Front
for decades. They [TMC] talk of unnayan [development], but
unnayan has happened only for party leaders. They travel in personal cars and
feast on basmati rice, but people don't get even basic requirements, such as
subsidised rice, promised by the chief minister."
And yet,
even three years ago, the BJP did not have much of a presence in the area. Says
Satpati, "We built the base from scratch, reached out to voters in each
and every booth. We expect to get a richer dividend in the upcoming Lok Sabha
polls."
Jhargram
is no one-off. In neighbouring Purulia, which has about 20 per cent tribal
population, BJP bagged 33 per cent seats as compared to TMC's 43 per cent.
Elsewhere, in the tribal belts of Jalpaiguri, Dinajpur and Bankura, the
relatively new entrant to Bengal politics has made its presence felt.
"It's
not just in the tribal belts, the BJP has secured the second spot in the whole
of Bengal," says Sayantan Basu, state general secretary of BJP.
According
to him, the people of the state have seen governments of all hues - Congress,
Left and TMC - and now they want to give BJP a chance. He says, "We
dislodged the Left Front, which has completely lost its credibility in the
state, from the number two spot." Basu claims there will be further
erosion of the Left Front vote bank and predicts a much-enhanced BJP kitty in
the 2019 Lok Sabha polls.
BJP
worker Tarakeswar Ghosh, at Hanskhali in Nadia, is excited. Ghosh, who joined
the party five years ago, is getting ready for a ceremony wherein hundreds of
CPI(M) cadres and dissident TMC workers are poised to join the BJP. State
leaders are expected to anoint the new workers with an eye on the Lok Sabha
polls. "Hordes of people are joining the BJP now. Many of them had joined the
TMC with a lot of hope but now they are sick of the dadagiri of
some leaders," he says.
In
Nadia, the BJP has bagged 647 gram panchayat seats compared to TMC's 1,641.
Ghosh, however, believes his party's tally would have crossed 1,000. He says,
"The TMC goons did not allow our candidates to even file nominations for
the elections at several places." Then adds in a dead-serious voice,
"Please note, in 2019, both Krishnagar and Ranaghat Lok Sabha seats will
come to BJP."
He talks
about how the party is aggressively backing its resolve to build a sangathan or
organisation in the districts. It is reaching out to more people. And there are
enough funds to support all efforts.
Rajya
Sabha MP and The Telegraph columnist Swapan Dasgupta is happy
that the BJP has emerged as the principal Opposition in Bengal. He says,
"BJP's rise can be traced to the high-handedness of TMC leaders, factional
wars and widespread violence unleashed by them during the panchayat polls. It's
a kind of an overkill by the TMC to decimate all opposition and I'm sure this
mindless strategy will rebound in favour of the BJP."
Ghosh
seems to agree. He says, "The TMC has unleashed such a reign of terror
that people will spontaneously vote them out if polls are held under proper
security arrangements... they are getting entangled in their own web of misrule
and injustice, just like the Left Front before it."
Dasgupta,
however, is far from complacent. He says, "I can't say the party has been
able to build a robust organisation at the grassroots level, except in the
tribal belts." According to him, the fate of the 2019 Lok Sabha will
depend on whether the organisation gets stronger in the next 10-11 months. He
also harps on the need to have strong leaders in most places.
Trinamul
MP Saugata Ray obviously rubbishes the BJP's claims and complaints. He says,
"The RSS-BJP combine has not been able to make any political breach in the
psyche of voters in Bengal. They've just filled up a small vacuum created by
the Left Front and Congress." He continues, "They haven't been able
to make any impact on our vote share. They are now a distant second and will
remain so for a long time. I doubt whether they'll be able to retain the two
Lok Sabha seats they won in 2014."
That
might be the party line, but ground reports indicate a different trend. It is
not as if the BJP is idly reaping the Left's failures. It is anything but a
passive force, as economist and political activist Prasenjit Bose points out.
He says, "The BJP has got inside through the fissure by creating communal
tension in areas such as Basirhat, Baduria and Dhulagarh aided by fringe
Right-wing organisations. The Left has continually been on a downslide since
2011."
In the
last four years, the Sangh has recruited hundreds of youths for their IT cell.
In turn, they have ensured they appeal to "Bengali pride" and
"Hindu sentiment" and pile accusations of rampant minority
appeasement on the Mamata Banerjee government.
Fringe
groups such as the Hindu Samhati have been working to revive the memory of the
communal riots at the time of Partition - they bring up and keep alive the loss
of human lives, property, they have revived the dialogue of what could have
been and what is. Says Basu of the BJP, "Those Bengalis who lost their
homes in Bangladesh after Partition and felt betrayed by the Leftists are
shifting to the BJP. They don't want to lose their identity and homes
again." Social media has been harnessed to drive home this propaganda and
achieve a political breach.
Mohammed
Salim, MP and CPI(M) politburo member, puts forth squarely his theory. He
firmly believes that the chief architect of the BJP's rise in Bengal is none
other than the chief minister herself. "They've been placed at the second
spot in Bengal by design; she is the chief designer. Everything is happening in
collusion with the Sangh parivar," he says.
He
suggests that the TMC has worked in tandem with the BJP and the Sangh parivar
ever since the party was born. Says Salim, "She pretends to be at
loggerheads with the BJP on stage, but behind it she's part of a larger game
plan of the Sangh parivar. They're using the common tool of religious
polarisation. She pretends to appease the minority, while the BJP appeases the
majority community. It's competitive communalism." Salim blames Banerjee
for "systemically destroying democracy and the panchayati raj system built
by the Left Front".
Political
analyst and psephologist Biswanath Chakraborty argues that far from being
threatened, TMC has consolidated the Muslim votes in the state. He says,
"Siddhartha Shankar Ray, Jyoti Basu, Buddhadeb Bhattacharya and Mamata
Banerjee couldn't have become chief ministers if they hadn't been able to
polarise the minority votes."
According
to him, Banerjee has been able to convince the minorities that it's a battle
for their survival, a dharmayuddha, while the BJP has alienated
them. The BJP, in his opinion, has been able to attract some Hindu voters who
used to vote for the Left Front, but all Muslim voters of the Left Front as
well as the Congress have turned to the TMC. He says, "It's time the BJP
realises that to win elections in Bengal, you have to either split Muslim votes
or grab a sizeable portion of it."
For the
moment, though, it is just happy to feed off disaffections created by the TMC,
Left and Congress, and consolidate. The numbers are there to show it's growing
across the state.
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·Households
·Others
Market Analysis by Application
·Frozen Glutinous Rice
Ball Consumption and Market Share by Application (2013-2018)
·Frozen Glutinous Rice
Ball Consumption Growth Rate by Application (2013-2018)
Frozen Glutinous Rice Ball
industry report contains proven research by regions, especially United States, China, Europe, Japan, Southeast
Asia, and India focusing Sales Volume and Market Share by
Players, by Type, by Application, top manufacturers in Global market with
Production, price, revenue of each manufacturer, covering following top players
·Sanquan Food
·General Mill
·Synear
·Hai Pa Wang
·Kawan Food Berhad
Frozen Glutinous Rice Ball Players/Suppliers Profiles and Sales
Data
·Company Basic
Information, Manufacturing Base and Competitors
·Frozen Glutinous Rice
Ball Product Category, Application and Specification
Several important areas are covered in this Frozen Glutinous
Rice Ball market research report. Some key points among them: –
1.What is Market Overview of Frozen Glutinous Rice Ball This
Overview Includes Diligent Analysis of Scope, Types, Application, Sales by
region, manufacturers, types and applications
2.What Is Frozen Glutinous Rice Ball Competition considering
Manufacturers, Types and Application Based on Thorough Research of Key Factors
3.Who Are Frozen Glutinous Rice Ball Key Manufacturers Along
with this survey you also get their Product Information (Type, Application and
Specification)
4.Frozen Glutinous Rice Ball Manufacturing Cost Analysis –This
Analysis is done by considering prime elements like Key RAW Materials, Price
Trends, Market Concentration Rate of Raw Materials, Proportion of Raw Materials
and Labour Cost in Manufacturing Cost Structure
Topics such as sales and sales
revenue overview, production market share by product type, capacity and
production overview, import, export, and consumption are covered under the
development trend section of the Frozen Glutinous Rice Ball market report.
Lastly, the feasibility analysis
of new project investment is done in the report, which consist of a detailed
SWOT analysis of the Frozen Glutinous Rice Ball market.
Some of key Tables and Figures included in Frozen Glutinous Rice
Ball Market research study: –
1.Figure Picture of
Frozen Glutinous Rice Ball
2.Figure Frozen
Glutinous Rice Ball Revenue and Growth Rate (2013-2025)
3.Table Production Base
and Market Concentration Rate of Raw Material
4.Figure Manufacturing
Cost Structure of Frozen Glutinous Rice Ball
5.Figure Manufacturing
Process Analysis of Frozen Glutinous Rice Ball
Rice Transplanter Machine Market provides key
information about Rice Transplanter Machine industry with market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, Rice Transplanter Machine landscape, Market
size and forecast, five forces analysis, Key leading countries/Region for
predicting the present and future market position for business development.
Growth prospects along with the revenue in USD billion or CAGR (%) is also provided
in order to have insight into the Rice Transplanter Machine Market.
About Rice Transplanter Machine
The rice transplanter machine was introduced in Japan by Kubota
during the 1960s. It is specifically designed for transplanting rice seedlings
in paddy fields. Farmers are required to drive the machine along a straight
line to transplant the seedlings in rows. The rice planter comprised of three
parts, namely the motor, running gear, and transplanter device. The
transplanter consists of a seedling tray, seeding tray shifter, and pickup
forks. The seedlings are fed into the seedling trays from where they are picked
up by the forks and placed into the ground.
Industry analysts forecast the
global rice transplanter machine market to grow at a CAGR of 9.35% during the
period 2017-2021.
This report provides a wide
spectrum of information briefly mentioned below:
The Rice Transplanter Machine
market is divided into the following segments based on geography
Key Regions: Americas, APAC, EMEA
Key questions answered in Rice
Transplanter Machine Market report:
·What will the market size and the growth rate be in
2022?
·What are the key factors driving
the Rice Transplanter Machine market?
·What are the key market trends influencing
the growth of the Rice
Transplanter Machine market?
·What are the challenges to market
growth?
·Who are the key vendors in the Rice Transplanter Machine market?
·What are the market opportunities and
threats faced by the vendors in the Rice
Transplanter Machine market?
·What are the trending factors influencing
the market shares of the Americas,
APAC, and EMEA?
·What are the key outcomes of the five
forces analysis of the Rice
Transplanter Machine market?
The Rice Transplanter Machine is
created based on an in-depth market analysis with inputs from industry experts.
The report covers the growth prospects over the coming years & discussion
of the key vendors.
Rice Market research report also helps to create the most effective
business strategies and to make informed decisions to achieve the desired
market position. The Report starts with market definitions and market overview.
It shows how market evolved in last 5 years and provides year-over-year growth
ratio. Geographically, the United States is divided into The West, Southwest, The Middle Atlantic, New
England, The South, The Midwest regions. It explains
drivers, trends, and challenges in current market situations.
The report focuses on the status
and outlook for major applications/end users, sales volume, market share, and
growth rate for each application in
·Household
·Food Services
·Food Industry
·Other
The report segments the Rice
market on basis of product types. Each of the product types is analyzed for
sales volume, revenue, product price, market share and growth rate etc. Such
analysis is provided for following product types
In the next section, key
competitors are analyses for their product portfolio, geographic focus, and
segment focus. Their Basic Company Information, Manufacturing Base and
Competitors, Sales, Revenue, Price and Gross Margin are also provided. Rice
Market research report includes such analysis of key players like
·Asia Golden Rice
·Capital Rice Group
·Thanasan Group
·Ake Rice Mill Co.
·Ltd
Rice Market research is provided on
various decisive factors that are changing the market dynamics. Rice Market research
report includes qualitative market data from 2018 to 2025. It will help
you to understand your competitive advantage in those changing dynamics to find
market opportunity.
PhilRice (Philippine Rice
Research Institute) will be testing a new, multi-purpose tiller this year. The
tiller will use an engine with less horsepower than what is used by current
power tillers. It will translate into less fuel expenses for farmers all over
the country.
It will be recalled that PhilRice
officials had earlier stated that technology could help farmers survive the
effects of the Tax Reform for Acceleration and Inclusion (TRAIN) law. Fuel
costs for farmers have gone up by 14.5 percent, translating to additional cost
of P2,014 per hectare.
Senator Bam Aquino has lobbied
for suspending the implementation of TRAIN, particularly the excise tax on
fuel. The Department of Finance, however, has stated that TRAIN would prevent
even higher prices in the future. Besides, the rising cost of fuel can also be
attributed to the global market.
The new power tiller being
developed by PhilRice will have manifold purposes. It would serve as
transplanter, seeder, rotovator, and even as a multiseeder – good for
multicropping. Think of a photocopier that can also be used for scanning and
printing, and you get the basic idea.
In his explanation, Dr. Arnold S.
Juliano emphasized how farmers could save over 50 percent. Instead of spending
on two machines, you just buy one machine and spend considerably less on an
attachment.
An illustrative example is a hand
tractor with a price of P100,000. The attachment that may be bought to also use
the machine as a transplanter costs around P70,000. Hence, your total cost is
about P170,000, as opposed to buying a separate transplanter machine with a
price of P350,000.
Let us not forget that not all
farmers can purchase machines that cost nearly half-a-million pesos. In fact,
having exchanged correspondence with regional offices of the Department of
Agriculture in the past, my understanding is that some machines are donated to
farmers, or farmers’ association.
Juliano, who heads PhilRice’s
engineering and mechanization division, also noted the new power tiller’s
distinctive features. It can rotate 180 degrees, something that cannot be done
by current available models.
Being locally manufactured, the
power tiller will not bring problems caused by parts and services. As with any
equipment that requires repairs, cost of parts gets more expensive when sourced
from abroad.
The tiller will have gear-type
transmission, and is set to be tested this year. We can only hope that it can
be made available soonest for the benefits of farmers nationwide. We often hear
the line that states farmers are the backbone of the country. It is good to
know that technology is here to help that backbone boost production.
Global Rice Flour Market Research Report provides insights of Rice Flour industry
over past 5 years and a forecast until 2025. Report studies the Rice Flour
Market status and future trend in Global market, splits Rice Flour by type and
by applications, to fully and deeply research and reveal the market situation
and future forecast.
Rice Flour Market report would come in handy to understand your
competitors and give you an insight about sales; volumes, revenues in the Rice
Flour industry, assists in making strategic decisions. It reduces the risks
involved in making decisions as well as strategies for companies and
individuals interested in the Rice Flour industry. Both established and new players
in Rice Flour industry can use report to understand the market.
Rice Flour Market: Type wise segment: –
Rice Flour
Brown Rice Flour
Glutinous Rice Flour
Other
Rice Flour Market: Applications wise segment: –
Rice Noodle And Rice Pasta
Sweets And Desserts
Snacks
Bread
Thickening Agent
Other
Type wise and application wise
Market Analysis considering Sales, Price, Growth Driving Factors etc. are
given. With the help of supply and consumption data, gap between these two is
also explained. Ask for a Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/11665837
Rice Flour Market report contains proven analysis by regions,
especially for United States, China, Europe, Japan, Southeast Asia, and India, focusing top manufacturers in Global market, with Production,
price, revenue and market share for each manufacturer, covering following top
players
Burapa Prosper
Thai Flour Industry
Rose Brand
Cho Heng
Koda Farms
On competitive landscape, this report includes complete profiles
of Rice Flour Market key players. For each player contact information is given.
Their product details, capacity, price, cost, gross and revenue numbers are
provided for better understanding.
With Experts Interview, Market Breakdown and Data Triangulation,
Primary & Secondary Sources and Research Center data, Rice Flour Market
research report guides you towards exponential growth.
Over 4.4 Mln Acres Of Land To Be Brought Under Paddy Crop In
Punjab
Umer Jamshaid 23 hours ago Sun 03rd June 2018 |
02:00 PM
SIALKOT, June 3 (UrduPoint / Pakistan Point News - 3rd Jun, 2018 )
::Over 4.445 million acres of land will be
brought under paddy crop during Kharif season in variousrice growing areas of Punjab.
Sources fromagriculture department told
APP on Sunday that
Paddy would be sown over 3.80 lakh acres of land would be brought under paddy
crop in Sialkot district.
Paddy will be cultivated 95,000 acres in Sialkot tehsil, 82,000 acres
in Daska, 47,000 in Sambrial and 1.8 lakh acres of
land intehsil Pasrur, sources added.
The department had deputed training teams which are visiting
village to village for providing proper guidance and assistance about the use
of inputs, nursery sowing and transfer of plantsinto fields to the rice growers
in the Punjab.
The basic concept of the programme is to create awareness among
the growers about the use of recommended seed and proper use of fertilizer for
attain better yield of the crop in the Province. The agriculture department had
directed the paddy growers that they should only use recommended seeds for
obtaining better out of the crop in their respective areas.
In Sialkot, the agriculture department had
also initiated a well-knitted training programme for the paddy growers on the
preparation of nurseries and cultivation of paddy crop aimedat attaining the
fixed target in Sialkot district.
The local agriculture department had
also initiated farmers training programme in 1442 villages of Sialkot, Daska, Pasrur and Sambrial tehsils of Sialkot district. As many as
29 teams were busy in imparting training to the rice growers for enhancing per
acre yield, sowing of paddy nurseries, utilization of irrigation water, pesticides and fertilizer as
well as about the different verities of paddy in Sialkot district, sources add
A new business intelligence
report released by HTF MI with title “Asia-Pacific Rice Packaging Machines
Market Report 2018” that targets and provides comprehensive market analysis
with future prospects to 2023. The analysts of the study have garnered
extensive research methodologies and data sources (i.e Secondary & Primary
Sources) in order to generate collective and useful information that delivers
latest market undercurrents and industry trends.
If you are
involved in the Asia-Pacific Rice Packaging Machines industry or intend to be,
then this study will provide you comprehensive outlook. It’s vital you keep
your market knowledge up to date segmented by major players. If you have a
different set of players/manufacturers according to geography or needs regional
or country segmented reports we can provide customization according to your
requirement.
Competition Analysis:
Some
of key competitors or manufacturers included in the study are ANKO FOOD
MACHINE, Zaccaria, Milltec, Lianyungang Huantai Machinery, Satake, Suzumo,
Milltec, Premier Tech, SATAKE Group, General Kinematics? & Shanghai Kunbu
Packaging Machinery
Market Analysis
by Types: Fully
Automated & Semi-automated
Market Analysis by Applications: Factories & Other
Market Analysis by Geographies:
This
report is segmented into key Regions China, Japan, South Korea, Taiwan, India,
Southeast Asia & Australia with Production Development, Sales, and Regional
Trade & Forecast.
Stay
up-to-date with Asia-Pacific Rice Packaging Machines market research offered by
HTF MI. Check how key trends and emerging drivers are shaping this industry
growth as the study avails you with market characteristics, size and growth,
segmentation, regional breakdowns, competitive landscape, shares, trend and
strategies for this market. In the Rice Packaging MachinesMarket Analysis &
Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is
expected to reach USD XX million by the end of 2023, growing at a CAGR of XX%
between 2018 and 2023. The production is estimated at XX million in 2017 and is
forecasted to reach XX million by the end of 2023, growing at a CAGR of XX%
between 2018 and 2023.
Thanks for reading this article; you can also get individual chapter wise
section or region wise report version like North America, Europe or Asia.
About Author :
HTF
Market Report is a wholly owned brand of HTF market Intelligence Consulting
Private Limited. HTF Market Report global research and market intelligence
consulting organization is uniquely positioned to not only identify growth
opportunities but to also empower and inspire you to create visionary growth
strategies for futures, enabled by our extraordinary depth and breadth of
thought leadership, research, tools, events and experience that assist you for
making goals into a reality. Our understanding of the interplay between
industry convergence, Mega Trends, technologies and market trends provides our clients
with new business models and expansion opportunities. We are focused on
identifying the “Accurate Forecast” in every industry we cover so our clients
can reap the benefits of being early market entrants and can accomplish their
“Goals & Objectives”.
THE government will impose suggested retail price (SRP)
on various agricultural products and imported rice, the
Department of Agriculture (DA) said.
Agriculture Secretary Emmanuel F.
Piñol said a technical working group will look into the prevailing prices of
key products including rice, poultry, fish, pork and eggs before coming up
with the SRP.
The National Price
Coordinating Council proposed the imposition of
SRPs on key agricultural products as a precautionary
measure to keep prices in check.
“Basically, we agree that there should be an SRP on basic commodities like
rice, vegetables and fish. But as a whole, the different sectors supported the
idea of having an SRP,” Piñol told reporters on Thursday after his meeting
with agriculture companies and stakeholders.
“After the consultation today, the
technical working group, based on the inputs of the stakeholders, will
formulate the SRP.Maybe next week, we will be able to announce it,” he added.
Agriculture products have not been covered by the SRP system, which
is applied on manufactured goods, as their prices are volatile due to
seasonality.
Piñol said imposing SRP will
protect consumers and producers.
“The reason why we invited the
stakeholders is because these are the producers. We asked them how much would
they need to produce one kilo of these and those so that we
will be able to come up with the computations already of how much we should
dictate to the market,” he explained.
“It’s a bit complicated but the
intention is to protect our consumers, protect the producers as
well,” he added.
The agriculture chief said his
department also plans to impose an SRP on imported rice.
The DA is coordinating with the
Philippine Rice Research Institute (PhilRice) for the computations.
“I really believe imported rice should
not be more expensive than local. In fact, it should be lower than local rice,”
Piñol said.
Will the gains in exports be offset by higher imports this year
too?
Despite an impressive export growth last year, the trade deficit
widened owing to an increase in imports. Will higher imports this year too
offset the increase in exports to result in a further expansion in the trade
deficit?
The expectation that the export
growth since March 2017 would reduce last year’s trade deficit was not realized
as imports increased more than exports. Although exports increased by 10.2
percent in 2017, the trade deficit expanded from the previous year’s US$ 8.87
billion to reach as much as US$ 9.62 billion in 2017.
The expectation that the trade
deficit would be reduced in 2017 was owing to an uptrend in exports from March
2017. The export growth of 10.2 percent last year was mainly due to the
resumption of the GSP plus status by European Union (EU) countries that led to
an increase in manufactured exports, mostly garments, and sea food.
However the expectation that the trade deficit would be reduced was not
realized owing to the increase in imports by US$ 1.8 billion that exceeded the
export growth of US$ 1 billion.
Reasons
There were of course extenuating reasons for the increase in imports last year.
The severe drought in 2018 reduced food production that necessitated increased
imports of food, especially rice and wheat. The low rainfall also meant lesser
hydro electricity generation that necessitated higher fuel imports for thermal
generation. In addition international oil prices also increased. As a result of
these food imports increased by 14 percent and fuel imports increased by 37
percent. These increased imports wiped out the gains in export earnings. In
fact import expenditure recorded the highest ever value of US$ 21 billion in
2017.
First two months
Although exports increased in the first two months of this year by 8.6 percent,
imports increased by 17.1 percent to completely offset the gains in export
growth. While exports increased by US$ 148 million, imports increased by US$
582 million. This resulted in a trade deficit of US$ 2111 million for the first
two months of this year. If the trade deficit in the first two months continues
this year’s trade deficit would be even higher than that of last year and would
probably exceed US$ 10 billion.
As the first two month’s trade performance indicates, this trend
of an increasing trade deficit, in spite of export growth, is continuing into
2018. Will this year’s trade performance be similar with the trade deficit
expanding further, despite a continued growth in exports owing to an increase
in imports that is larger than the growth in exports? To avoid such an increase
in the trade deficit, either imports should be contained or exports should gain
further momentum.
Expectation
There are reasons to think that the trade deficit could be reduced in the next
nine months. On the import side, several imports that increased last year are
expected to decline this year. This includes rice imports that are expected to
be negligible owing to the bumper paddy harvest in Maha 2018.
The imposition of a 15 percent tax on gold imports in April is
expected to reduce gold imports. While fuel imports are expected to be reduced
mainly due to lesser needs for thermal generation of electricity, this gain
could be wiped out by higher international prices. Furthermore fuel consumption
for transport is unlikely to be reduced due to the inelasticity of demand
(demand not decreasing much due to the increase in prices) for oil.
Exports
The prospect of a continuing growth in exports is most likely. In the first two
months itself exports grew by over 5 percent to US$ 1.9 billion. Tea prices are
likely to be high and tea export volumes too may increase owing to a higher
exportable surplus. Garments exports that have been increasing are expected to
increase. The growth in sea food export is also expected to increase in the
coming months.
Trade balance
These expected developments imply that the containment of imports is vital to
achieve a better trade performance. Further tariff, fiscal and monetary
measures are needed to achieve this. However there are reasons to think that
austerity measures are unlikely owing to political compulsions and there may be
easing of imports to gain popularity. In making decisions the government must
take into consideration the balance of payments implications of increasing
import demand.
Summing up
Incurring of massive trade deficits is unsustainable. It is the main cause for
the country’s weak balance of payments. As we have pointed out in earlier
columns, a trade surplus is vital to strengthen the balance of payments and
enhance the reserves as the large debt repayment of US$ 4.2 billion next year
would strain the external finances.
Since the trade deficit is caused
by high imports, fiscal and monetary policies must ensure a curtailment of
imports. Reduction of fuel imports that cost US$ 3.4 billion last year is
essential to make a dent on imports. Vehicle imports that have increased due to
tariff and government policies must be reviewed to reduce import expenditure on
these.
Monetary policies require to constrain aggregate demand so as to reduce import
consumption. The government must be serious about improving the trade balance.
Austerity measures are crucial to avoid a large trade deficit and balance of
payments difficulties.
The trade deficit could also be reduced if exports increase by a
much higher amount. Both manufactured exports such as garments, ceramics and
rubber goods would require to increase substantially. The prospect of
agricultural exports increasing is mostly dependent on tea prices increasing
and higher output of tea.
As the country has a high propensity to import with most imports
being essential, the long term strategy to reduce the trade deficit is a
significant increase in exports by increasing the country’s exportable surplus
and diversification of export markets. These require a number of reforms and
appropriate policies.
If exports are not increased significantly, the country will
continue to face large trade deficits
The
amount of water available for Kharif crops has declined by 42 percent. This has
happened due to a decrease in water inflow to reservoirs, and is an ominous
sign for Pakistan’s water and food security. The Indus River System Authority
says water inflow decreased from9.32 million-acre-feet (MAF) to around 7.9 MAF,
the worst in five years. On its May 15 meeting, the IRSA advisory committee
noted that the water shortage experienced since the start of the sowing season
had turned out to be much higher than the previous estimate of 31 percent.
The Kharif crop season starts
from April-June and lasts until October-December in different parts of the
country. Rice, sugarcane, cotton and maize are some of the key crops of the
season. Non-availability of water at such a critical time of sowing season is
bound to impact food production. Experts say much will now depend on the
monsoon showers.
At the meeting, all the five
members of IRSA urged the government to build new reservoirs on a “war
footing”. But completion of reservoirs in the short term remains a pipe dream.
Even though the much-awaited and less-debated National Water Policy (NWP) was
approved in April, the roadmap to securing our water remains largely hazy. The
policy approval, giving to rest years old disputes between Sindh and Punjab, is
a significant achievement but the enormous water challenge needs much more
political commitment and institutional action than an agreement between feuding
provinces.
The Pakistan Council of Research
in Water Resources says the country has about a seven years window to plug this
gap. PCRWR predicts that the country will approach “absolute scarcity” water
levels by 2025 if its storage capacity is not enhanced. The NWP aims at
doubling the water storage capacity from the current abysmal 30 days to 60,
which looks highly unlikely, given the level of seriousness at the official
level. And even if Pakistan achieves this feat by completing three Mangla sized
dams on fast track by 2025, or even dozens of smaller ones, our water future
remains insecure because it will need an additional 60 days storage capacity to
reach the global minimum of 120 days. Neighbouring India has 220 days water
carry over capacity while Egypt, a lower riparian country like Pakistan, has
over 900 days.
Pakistan’s water challenge will be
further compounded by the effects of global warming. It is losing its balmy
spring to scorching summer at a pace never anticipated before. Temperatures
shot past 40 degrees Celsius in March and 50 Celsius in April in parts of
southern Pakistan
Pakistan’s water challenge will
be further compounded by the effects of global warming. It is losing its balmy
spring to scorching summer at a pace never anticipated before. Temperatures
shot past 40 degrees Celsius in March and 50Celsius in April in parts of
southern Pakistan. Scientists warn that such odd spikes in mercury will
be the new normal in the changing weather patterns. If non-seasonal high temperatures
remain persistent, food production will be adversely effected. The rule of
thumb for temperature versus crop nourishment, experts say, is simple – a
1-degree Celsius increase in temperature can drive down crop yield by 10
percent.
Higher temperatures increase the
water demand for both agriculture and domestic consumption and can trigger a
full-blown crisis, especially when it is not available. WAPDA has reported that
snow availability in the catchment areas of reservoirs was 50 percentless than
normal this year and rivers are likely to receive 11 MAF less water.
Most of the seven rivers flowing
into Pakistan from Afghanistan, including Kabul, are also likely to stay below
normal. Afghanistan received the lowest snowfall in the past 17 years this
winter. Agriculture in the landlocked country heavily dependent on water from
melting snow. A decrease in snowmelt is adversely impacting its food
production.
It is already grappling with a
drought affecting two-thirds of the country, triggering food shortages. The
United Nations has warned that a 2.5 million tons shortage of wheat this year
could impact up to two million people. Food shortages in Afghanistan will bring
Pakistan’s agriculture sector under more pressure, and demand additional grain
stocks. But growing more grain will be a challenge while also dealing with
worsening water scarcity. Low inflows in rivers is bound to increase pressure
on Pakistan’s depleting aquifers. It is already pumping more water out of
ground than can be replenished naturally.
A 2015 NASA study found that the
Indus Basin aquifer, shared between India and Pakistan, is the second most
overdrawn in the world, sinking the water tables at rates as high as three feet
a year in Indian Punjab, one of the two states that produces 37 percent of
India’s food. The situation is no different on the Pakistani side. Quetta is
projected to run out of water by the middle of the century, or even before, if
additional water resources are not mobilised. The situation in Karachi is even
worse while Gwadar, the mainstay of our CPEC-driven future economy, is already
without water.
High population rate, lack of
storage capacity and overall degradation of water quality are the three
factors, other than drop in water inflows and tumbling underground tables,
which will accentuate the water crisis. Despite this unfolding disaster,
Pakistan’s Investment in maintenance, improvement and expansion of its vast hydraulic
infrastructure has remained dangerously low. No new reservoirs have been built
in the last 44 years since the completion of the Tarbela Dam in 1974. A few are
either on the drawing board or subject of preliminary hydrological and
environmental studies, and none in advance stages of completion. Thus, no
significant increase in the storage capacity is expected in the short term.
Hypothetically, even if the
government doubles the water storage capacity over the next ten years, it will
still not fill the gap between demand and supply because of population
explosion, urbanisation, and water mismanagement. The rapidly growing
population, projected to reach 261 million by 2035, will bring more pressure on
the agriculture sector to produce food for an additional 50 million people.
Water shortage and climate change-driven high temperatures will make it almost
impossible to increase food production to meet the demand, unless some drastic
measures are taken to increase the water availability and to conserve available
resources.
This is a ticking bomb that could
go off any time in the near future. The unfolding disaster is an existential
threat – one much more threatening than terrorism — and needs a firm political
commitment, innovation and long-term planning with clearly defined short term
objectives.
The writer is a New York-based journalist and Co-Director of
Center for Community and Ethnic Media at the Graduate School of Journalism of
City University of New York Twitter handle: @JehangirKhattak
The Basmati Rice Market report offers a detailed
Outlook and future prospects of the Industry. The Basmati Rice market report
includes various topics like market
size & share, Product types, applications, key market drivers &
restraints, challenges, growth opportunities, key players, competitive
landscape, Regions etc.
This research report provides major information that helps Industry experts, analysts and
business decision makers to decide their business
strategies and achieve proposed business aims.
Basmati Rice Market Research report will be beneficial for:
·New Entrants/Investors
·Venture Capitalists
and Private Equity Firms
·Analysts and Strategic
Business Planners
·Basmati Rice
Manufacturers, Suppliers and Distributors
·Government Regulatory
and Research Organizations
·Investment Research
Firms / Associations
·End-Use Industries
The Basmati Rice market report
also displays the production,
Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market
influencing factors of the Basmati Rice industry for year 2013-2023 in USA, EU, China, India, Japan and other regions.
Basmati Rice Market Analysis by Key Players: The
report includes following
top vendors in terms of company basic information, product
category, sales (volume), revenue (Million USD), price and gross margin (%): Krbl Limited, Amira Nature Foods, Lt Foods,
Best Foods, Kohinoor Rice, Aeroplane Rice, Tilda Basmati Rice, Matco Foods,
Amar Singh Chawal Wala, Hanuman Rice Mills, Adani Wilmar, Has Rice Pakistan,
Galaxy Rice Mill, Dunar Foods, Sungold.
The Basmati Rice Market report
provides crucial information about the market, including Opinions from Industry
experts, and the recent
progressions and developments of the Basmati Rice
industry.
Basmati Rice Market Analysis by Product Types: Each
type is studied as Sales, Market Share (%), Revenue (Million USD), Price, Gross
Margin and more similar information: Indian
Basmati Rice, Pakistani Basmati Rice, Kenya Basmati Rice, Other.
Basmati Rice Market Analysis by Applications: Each
application is studied as Sales and Market Share (%), Revenue (Million USD),
Price, Gross Margin and more similar information: Direct Edible, Deep Processing.
If you have any special requirements, please let us know and we
will offer you the report as you want.
Each Geographical Region is
analysed as Sales, Market Share (%) by Types & Applications, Production,
Consumption, Imports & Exports Analysis, and Consumption Forecast (2018-2023):
·USA
·Europe
·Japan
·China
·India
·Southeast Asia
·South America
·South Africa
·Others
Reasons to buy Basmati Rice Market Report:
·To gain insightful
analyses of the Basmati Rice Market and have comprehensive understanding of the
global market and its commercial landscape
·Assess the production
processes, major issues, and solutions.
·Market strategies that
are being adopted by leading respective organizations
·The report gives
specific analysis for rapidly changing dynamics of Basmati Rice Industry.
·To understand the future outlook and prospects for
the Basmati Rice market with Marketing & Price (Price and Margin, Factors
of Price Change, Manufacturers Gross Margin Analysis)
In the end, Basmati Rice Industry
report provides the main region, market conditions with the product price, profit, capacity, production, supply, demand
and market growth rate and forecast etc. This report also
Present new project SWOT analysis, investment feasibility analysis,
and investment return analysis
The theory of comparative
advantage suggests that a country should produce whatever it is most efficient
in producing. In the simplest of cases; a country good at producing, say, guns
should produce them and trade their excess production with the country which is
good at producing, say, butter. Thereby maximising the welfare of consumers in
both countries where they get each product at the lowest possible price. This
being said we should keep this point in mind and move forward, we will come
back to it later.
In Pakistan, every seminar,
policy discussion and debate starts with the ill fated textile industry since
we are supposed to have comparative advantage in it, and ends with new resolves
and policy options to improve upon its issues and boost the exports in textile
sector with an aim to shirk the ever widening balance of trade crisis. Energy
crisis, increased competition, lack of government support, and lack of
technology are considered as the main hurdles to more growth in this sector. At
present, the textile industry exports of Pakistan accounted for almost 60.03pc
of our total exports in FY 16-17). The second in line is rice, which accounted
for 7.75pc of the total exports. Pakistan earned revenue of Rs.953 billion from
textile exports in 2016. So all the policy options that we discuss are focused
on increasing these exports to capture more of the total textile demand in the
world. We intend to beat Vietnam, Turkey, India, South Korea, US and China in
this race for textile market. All of this under the umbrella of Comparative
Advantage.
Now let us take a trip down the
memory lane and evaluate our not very recent textile performance. In the early
period we restricted our cotton exports as it was the main ingredient for
textile goods. Then up till Dec 2004 we could enjoy a quota in world textile
demand. In short the industry was protected. There was no energy crisis in the
country and everything was smooth and we had ample time to improve the textile
sector technology that we now raise hue and cry about in every debate,
discussion and seminar. Then the quota was lifted on January 1, 2005 and we met
with competitors like India and China who increased their market shares in
United States during Jan-Jul 2005. Pakistan’s share in the most lucrative
category in textiles; “Apparel and Accessories”, remained same while China’s
grew from 17.7 to 27pc, followed by India i.e. 3.7 to 4.5pc. While in “Textile
and Fabrics” Pakistan’s share fell by 24.5 percent. Around 25 percent of the
quotas removed in the final stages were in fabrics category.
Now let us look at the scenario
from the other dimension of trade. Our imports are based on heavy machinery,
transport equipment, electronics and crude oil. As per Economic Survey 2016-17
stats we had 46.33pc of our total imports in the form of electrical goods,
non-electrical machinery, transport equipment, and petroleum products. This
amounts to almost Rs1862 billion as against Rs.953 billion from exports. So we
run trade deficit right at the start when our major exports which are 60pc of
the total do not give use enough revenue to finance even few of our major
import costs which are only 46pc of the total imports. Our major imports are
more than twice in value to our major exports. Just answer this simple
question: “How many T-shirts do you have to produce and sell to pay for one
laptop or one barrel of oil or an imported car?”
The theory is perfectly right in
its true sense; consumer’s welfare is maximised. But in the long run when
government faces a deficit it increases taxes and squeezes out the same population
The theory is perfectly right in
its true sense; consumer’s welfare is maximised. But in the long run when
government faces a deficit it increases taxes and squeezes out the same
population. So the issue is not with the comparative advantage, the issue is
our understanding of the theory. We must consider that governments need to
function, and for that they need revenue. Free trade and comparative advantage
suits the countries that have comparative advantages in cars, or laptop etc,
i.e. in goods that pay more than an item from our domestically produced
garments’ list. I must add that every policy decision starts with “Why?”, then
“How?” and “When?” We followed it in distant past for the first time when we
choose textile as our main focus but in the present competitive context we
always start with the later two for our trade policy, and assume that the”
Why?”, which was answered some 40-50 years ago is still valid in the current
global environment. We forget that in those times our imports, other than
petroleum products, were far cheaper than an iPhone or a 1000cc fuel efficient
fully featured car.
In essence the objective of this
article is not to discourage trade boosts in textile industry. After all it is
almost 60pc of our total exports and we must make policy reforms to boost this
number. The objective is to highlight the policy of attempting to buy laptops
by selling T-shirts is not sustainable in the long run. We must focus on other
industries as well, and formulate policies to enter agreements with other
countries to boost technology based industry as well. We must also acknowledge
that laptops and other electronics do not grow out of land like agriculture so
countries like Japan, China, and Taiwan had to strive for their production
efficiency; hence they achieved comparative advantage in those high paying
products. When we talk about CPEC and China consider bringing in its industry,
why can’t we make agreements to bring in cell phone manufacturing or engine
manufacturing into Pakistan (even if it is for an electricity generator). These
small steps can later help in acquiring the desired technologies and take our
export portfolio diversification out of nature given comparative advantage.
The writer is a PHD in economics from Austria and works at State
Bank of Pakistan
Study:
Planet-Warming Gasses Make Food Less Nutritious
Laborers transplant rice seedlings
in a paddy field in Qalyub, in the El-Kalubia governorate, northeast of Cairo,
Egypt, June 1, 2016.
