The 2022 ban was imposed due to a smaller harvest, rising inflation, and food security concerns.
Logistical costs have surged dramatically, with traders reporting that transport costs have jumped by US$15–US$20, nearly doubling compared to earlier in the season.
CEO and cofounder Palash Jain said that Kiara processes 100% locally sourced paddy rice, yet still faces acute supply constraints.
The Ministry’s wheat programme provides farmers not only with certified seeds but also with technical guidance, irrigation advice, and on-field monitoring throughout the growing season.
The decision comes as part of the ministry’s plan to stabilise prices and ensure the availability of high-quality olive oil amid a sharp decline in local production this season.