India consumes about 105-110 million tonne of rice annually, of which about 4 million tonne is Basmati. The country exports about 5 million tonne Basmati, worth around USD 40,000-50,000 crore.
Chandigarh [India], November 16: In a significant achievement for the agricultural sector of Haryana, the state has successfully implemented Direct Sown Rice (DSR) cultivation across 1015 acres using herbicide-tolerant (HT) Basmati rice varieties. This initiative, developed by the Indian Agr
The removal of minimum export price (MEP) on basmati rice ahead of the kharif crop will benefit both farmers and exporters, said industry participants. The removal of trade barrier will help Indian exporters regain competitiveness in the overseas markets.
The Union Government has decided to remove the minimum export price (MEP) thresholds on the export of basmati rice, the Ministry of Commerce and Industry said in a statement on Saturday.
The event highlighted the findings from two key research projects: "Comprehensive Grain and Nutritional Quality Profiling of Non-Basmati Rice," which aimed to identify high-quality, nutrient-rich, low glycemic index (GI) rice varieties with geographical indication (GI) tags from various Indi
The central government has extended the exemption of a particular kind of inspection certificate for rice exports, both basmati and non-basmati, to certain European nations by another six months.
New Delhi [India], February 22: Riding on strong support from its domestic business, KRBL Limited, the world's largest rice millers and basmati rice exporters, and parent company of the World's No. 1 Basmati Rice Brand India Gate, clocked its highest ever revenue from India market in the per
Rice retailers, wholesalers and processors are asked that, beginning next Friday, they disclose their stock holdings, Sanjeev Chopra, Secretary Department of Food and Public, said.
According to S&P Global Commodity Insights, the Indian government's measures in 2023, including banning non-Basmati white rice exports, imposing a 20 per cent duty on parboiled rice exports, and setting a minimum export price of USD 950/ million tonnes (mt) for Basmati, continue to impac