According to S&P Global Commodity Insights, India, the world's largest rice exporter, implemented export restrictions, including banning broken rice exports and imposing additional duties on non-basmati white rice outflows in August 2022.
The central government has permitted exports of 30,000 tonne of non-basmati white rice to Tanzania, besides 30,000 tonne of broken rice to Djibouti and 50,000 tonne of broken rice to Guinea Bissau.
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
India has allowed the export of non-basmati white rice in varying quantities to Nepal, Cameroon, Cote d'Ivoire, Republic of Guinea, Malaysia, Philippines, and Seychelles. Notably, the export of non-basmati white rice was prohibited from July 20 to check the domestic prices and ensure dome
Effective from 25th August 2023, contracts for the export of Basmati rice with a value of USD 1200 per metric ton (MT) and higher are eligible for registration for the issuance of the Registration-cum-Allocation Certificate (RCAC), read the Ministry of Consumer Affairs, Food and Public Distr
Initially, the duty was introduced on August 25, 2023, and was due to remain effective till October 16, 2023, aimed at maintaining adequate domestic availability and checking its price.
Union Minister of Commerce and Industry, Piyush Goyal on Friday said that the government is seriously considering reducing the minimum export price (MEP) of basmati rice.
India has allowed the export of non-basmati white rice to the tune of 75,000 tonnes to the UAE. Notably, the export of non-basmati white rice was prohibited from July 20 to check the domestic prices and ensure domestic food security.
New Delhi [India], September 20: KRBL Limited's India Gate Basmati Rice, the World's No.1 Basmati rice brand and a pioneer in packaged Basmati, continues to champion purity and authenticity with the launch of Phase 3 of its "Basmati Rice No Compromise" campaign which hinges on the new FSSAI