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.
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.
"India and Singapore enjoy a very close strategic partnership, characterized by shared interests, close economic ties and strong people-to-people connect. In view of this special relationship, India has decided to allow the export of rice to meet the food security requirements of Singapor
India has introduced additional safeguards on exports of basmati rice so as to prevent exports of non-basmati white rice -- which is presently under the prohibited category.
Commodity-wise, paddy sowing is at 328.22 lakh hectares, as against 312.80 lakh hectares same period last year. Notably, India in July amended the rice export norms by putting non-basmati white rice, a major export item, in the "prohibited" category.
IMF’s Chief Economist and Director Pierre-Olivier Gourinchas has said restrictions imposed by India on exports of certain varieties of rice are likely to exacerbate volatility on food prices in the rest of the world.
The export policy relating to non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed: Other) has been revised from "free" to "prohibited"
New Delhi [India], September 28 (ANI): Broken rice in transit with certain conditions will be now allowed for exports till October 15, a new notification by the Directorate General of Foreign Trade said late on Tuesday.
New Delhi [India], September 23 (ANI): The recent changes in India's rice exports policy have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and to help the animal husbandry and poultry sectors by reducing the cost of animal feed th