2020
DOI: 10.9734/jemt/2020/v26i1030299
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Trade Dynamics of Basmati and Non-Basmati Rice Exports from India

Abstract: India is the world's largest producer and leading exporter of basmati rice. India produces about 70 per cent of the total world basmati rice production and the rest is produced by Pakistan. During 2017-18 the country has exported globally about 40.56 Lakh tonnes of Basmati Rice and 86.48 Lakh tonnes for Non-Basmati rice, the worth of 268.70 billion and 229.68 billion respectively. Basmati rice has got good export demand and fetches good export price in international markets due to such uniqueness. The higher p… Show more

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“…A transition probability matrix is defined as a square array of non-negative numbers such that the rows total to unity. The element P of this matrix indicates the probability that cropped area will switch from crop i to crop j with the passage of time [4,5]. The Markov process was used to investigate shifts in crop share and acquire a better understanding of the dynamics of the changes.…”
Section: The Markov Probability Modelmentioning
confidence: 99%
“…A transition probability matrix is defined as a square array of non-negative numbers such that the rows total to unity. The element P of this matrix indicates the probability that cropped area will switch from crop i to crop j with the passage of time [4,5]. The Markov process was used to investigate shifts in crop share and acquire a better understanding of the dynamics of the changes.…”
Section: The Markov Probability Modelmentioning
confidence: 99%