Jammu: The ongoing tensions between Iran and Israel are now impacting India’s agricultural trade. The famous Basmati rice from R.S. Pura in Jammu, known worldwide for its aroma and quality, is now unable to reach foreign countries. Uncertainty over sea routes to Iran and the Gulf countries has halted exports.
Farmers’ Difficulties Increase
Traders say that due to the growing crisis in the Middle East, many rice consignments are stuck en route or at ports. This disruption has led to a sharp drop in basmati prices in the market. Traders say prices have fallen by approximately ₹600 per quintal, causing financial losses to farmers, millers, and exporters.
Losses During Peak Season
R.S. Balwinder Singh, owner of Pura’s Sher-e-Kashmir Agro Products Rice Mill, told ETV Bharat that his mill exports approximately 20,000 quintals of rice annually to the Gulf and European countries. He said that exports have come to a complete halt due to the war. His rice shipments are stuck, and payments are held up in Delhi. This is also affecting farmers, as they are unable to receive their dues on time.
He further explained, “The rice crop was harvested in November, and February-March is usually the busiest time for exports. The war has disrupted the entire export system, and our industry is facing huge losses.”
Plea for Help from the Foreign Minister
He further stated that mill owners and traders have written to Union Foreign Minister Dr. S. Jaishankar and Jammu and Kashmir Food Minister Satish Sharma, requesting government assistance. They have requested relief, such as loan interest waivers, for affected exporters.
