City
Epaper

India allows non-basmati rice exports to another 7 countries; Check here

By ANI | Updated: October 18, 2023 12:55 IST

New Delhi [India], October 18 : India has allowed the export of non-basmati white rice in varying quantities to ...

Open in App

New Delhi [India], October 18 : 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 domestic food security.

The exports to these countries are permitted through National Cooperative Exports Limited, the Directorate General of Foreign Trade said in its notification on Wednesday.

Earlier, India allowed the export of non-basmati white rice to the UAE and Singapore.

While amending the export policy, DGFT maintained that the export will be allowed on the basis of permission granted by the government to other countries to meet their food security needs and based on the request of their government.

West African country Benin is one of the major importers of non-basmati rice from India. Other destination countries are UAE, Nepal, Bangladesh, China, Cote D' Ivoire, Togo, Senegal, Guinea, Vietnam, Djibouti, Madagascar, Cameroon Somalia, Malaysia, and Liberia.

In late August, India also introduced additional safeguards by way of imposing a minimum floor price on exports of basmati rice so as to prevent exports of non-basmati white rice, which was already under the prohibited category since July.

Last week, the central government extended the 20 per cent export duty on parboiled rice till March 31, 2024, an official notification said. Rice which is partially boiled with husk is called parboiled rice.

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 in September 2022 banned the exports of broken rice and imposed a 20 per cent duty on exports of non-Basmati rice, except for parboiled rice amid concerns about low production due to a fall in area under the paddy crop. It later lifted the ban in November.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalShiv Sena(UBT) MP Gives Adjournment Motion Notice in RS Over IndiGo Flight Disruptions Across India

InternationalBangladesh: Awami League slams ‘politically motivated’ charges against Hasina’s son

EntertainmentUrmila Matondkar says Manish Malhotra has proven that 'Miracles can happen' with 'Gustaakh Ishq'

EntertainmentSabrina Carpenter feels her album ‘Man's Best Friend’ cover was misunderstood

MaharashtraMaharashtra: Beed Teacher Arrested for Sexual Harassment of 4 Girls at Zilla Parishad School

Business Realted Stories

BusinessAutomobiles, electronics, manufacturing sectors to benefit from India-Russia trade ties

BusinessSensex , Nifty open lower as investors await RBI’s MPC decision

BusinessNifty, Sensex open cautiously ahead of RBI policy announcement, investors also tracking Putin's India visit

BusinessGovt closely monitoring IndiGo’s flight fiasco, Naidu expresses ‘clear displeasure’

BusinessCorporate lending grows at faster pace in S. Korea in Q3: BOK