India lifts ban on non-basmati white rice export, sets minimum price cap at $490 per tonne – Times of India

India lifts ban on non-basmati white rice export, sets minimum price cap at 0 per tonne – Times of India

[ad_1]

India lifts ban on non-basmati white rice export, sets minimum price cap at $490 per tonne

NEW DELHI: The Government on Saturday lifted the ban on international exports of non-basmati white rice and set a minimum export price (MEP) of $490 per tonne. The ban, which had been in place since July 20, 2023, was originally imposed to increase domestic rice availability.
“The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) …is amended from prohibited to free, subject to MEP of $ 490 per tonne with immediate effect and until further orders,” the directorate general of foreign trade (DGFT) said, news agency PTI reported.
Non-basmati white rice is a popular variety of rice that is widely consumed both domestically and exported to various countries.
More details awaited.

[ad_2]

Source link

Contents hide

Author

  • Bhavesh Mathur

    I am Bhavesh Mathur; a content writer and web designer, very strong on the delivery of impactful and insightful content. My major work involves writing articles on a wide variety of business and news-related topics, with the prime focus being on making hard-to-understand information approachable and interesting for readers. As the founder of News Eager, I will post news daily in many fields such as politics, business, sports, entertainment, and lifestyle. I will provide a platform where people can easily stay updated with what is happening in different parts of the world. In addition to my writing, I bring web design skills to each project, ensuring that my platforms are not only content-rich but also visually appealing and user-friendly. I aim to bring value and build trust with my audience through my work on News Eager.

    View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Document
WhatsApp Group Join Now
Telegram Group Join Now