India has exempted the need for a certificate of inspection for European countries except the UK, Iceland, Liechtenstein, Norway, and Switzerland for export of basmati and non-basmati rice.
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
Central government has amended the export policy for non-Basmati white rice, allowing its export under specific conditions with a minimum export price (MEP) of USD 490 per tonne.
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.