India now plans to reduce broken percentage in non-basmati rice exports amid food inflation woes
Amid surging food prices during elections, India may slash broken rice in non-basmati rice exports. Proposed cut: from 25% to 5%, aiming to bolster domestic supply. Despite measures like Bharat rice and export curbs, retail rice prices remain high at ₹44.40/kg, up 13.10% year-on-year.
The Centre may cut the amount of broken rice used in non-basmati rice exports, as food prices continue to surge in the middle of general elections.
Its idea is to cut the broken proportion of non-basmati white and parboiled rice used for exports from up to 25% now to 5%. This could boost domestic supplies amid a spike in prices, a senior official said.
Prices have continued to rise despite various measures, including the introduction of Bharat rice, stock disclosures, and export curbs. Rice prices at the retail level continue to hover at ₹44.40 a kg, an increase of 13.10% on a year-on-year basis, according to consumer affairs ministry data as of Friday.
