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The Times of India
The Times of India
National
Falguni Banerjee and Krishnendu Bandyopadhyay | TNN

West Bengal: Rice rates soar in local markets on high exports, record procurement

KOLKATA: The increase in retail prices of rice, the main staple in eastern India, is causing considerable stress in households already struggling with tight budgets and ever soaring prices of commodities.

Record procurement of rice, massive growth in exports of rice to Bangladesh and Vietnam and higher transportation costs have all contributed to the price rise that has happened twice in the past two months.

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