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Rice Price Hike: Government strict on export of non-basmati under the guise of basmati rice, took big step, know details

Rice Price Hike: Government strict on export of non-basmati under the guise of basmati rice, took big step, know details

rice price hike: The government has decided not to allow export of basmati rice below $1,200 per tonne to prevent possible ‘illegal’ export of white non-basmati rice in the guise of premium basmati rice. The commerce ministry said in a statement on Sunday that it has directed trade promotion body Agricultural and Processed Food Products … Read more

Rice Export: Central government’s strict plan to control inflation, imposed 20 percent duty on rice export

Rice Export: Central government's strict plan to control inflation, imposed 20 percent duty on rice export

rice export: The central government is making every effort to control inflation before the upcoming Lok Sabha and assembly elections in many states. The government had last month banned the export of non-basmati white rice with the objective of increasing availability in the domestic market and keeping retail prices under control. Non-basmati white rice accounts … Read more

Export share of white and non-basmati rice

Export share of white and non-basmati rice

According to the Trade Promotion Council of India, in the year 2022-23, non-basmati white rice and white rice banned by the Government of India accounted for 46 percent of India’s total rice exports. If we talk about the export market of rice, then in 2022-23 India exported the maximum in the top 10 markets only. … Read more