India's decision to ban exports of non-basmati rice has faced criticism for undermining its claim to lead the Global South and failing to tackle global food challenges. The ban, motivated by the need to reduce rising food prices and appease the urban middle class ahead of elections, has led to soaring rice prices and a worsening situation in the country. A more effective approach would be a multilateral solution that provides international capital assistance to bridge India's financing gaps in domestic subsidies, ensuring affordability for the population and allowing India to continue exporting rice.