153

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.

you are viewing a single comment's thread
view the rest of the comments
[-] agressivelyPassive@feddit.de 4 points 1 year ago

Well, you'd hate being poor in India even less, if someone else is buying literally the last grains from your rice bowl.

[-] yoz@aussie.zone -1 points 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.

[-] agressivelyPassive@feddit.de 4 points 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.

[-] yoz@aussie.zone 0 points 1 year ago

Wow! I didn't know that. Do you have any reference material to back up your claim?

[-] agressivelyPassive@feddit.de 3 points 1 year ago

Since I'm at work right now, I'm not super inclined to do thorough research. So this is the first non-NASA result I found: https://time.com/6226127/nasa-moon-program-economic-impact/

Just google something like "NASA economic impact" there's plenty of material.

[-] yoz@aussie.zone 0 points 1 year ago
this post was submitted on 28 Aug 2023
153 points (98.7% liked)

World News

32282 readers
710 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS