Government imposes restrictions on export of Basmati rice
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By banning the export of Basmati rice valued at less than $1,200 per metric tonne (MT), the Union government on August 28 ensured additional safeguards for its export ban on non-Basmati white rice (by misclassifying it as Basmati rice).
The export of non-Basmati white rice was prohibited on July 20, 2023, citing increasing domestic prices of rice.
