The commerce ministry said exports of non-basmati rice more than doubled to Rs 22,856 crore during April-December 2020-21 as against Rs 10,268 crore in the same period of the previous year. The exports of non-basmati witnessed a growth of 122.61 per cent in Rupee term and 111.81 per cent Dollar terms.
India exports non-basmati rice to markets like Nepal, Benin, United Arab Emirates, Somalia, Guinea, US and many other countries in Asia and Europe. The export of basmati rice increased to $2.947 billion as against $2.936 billion reported during the same period of the previous year. Major destinations for Indian basmati rice exports include Iran, Saudi Arabia, Iraq, United Arab Emirates, Kuwait and European countries.
Wheat exports rose to Rs 1,870 crore as compared to Rs 336 crore during April-December 2019. The key exports destination for wheat include Nepal, Bangladesh and United Arab Emirates. Similarly, exports of cereals rose to Rs 49,832 crore during April-December 2020-21 from Rs 32,591 crore reported during the same period of 2019-20.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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