India exports USD 122.7 mn non-basmati white rice during Apr-May
India exported non-basmati white rice worth USD 122.7 million in April-May this fiscal year. Exports totaled USD 852.53 million in 2023-24, down from USD 2.2 billion in 2022-23 and USD 2 billion in 2021-22. The export of non-basmati white rice has been banned since July 20, 2023. The government is monitoring production, availability, and exports to determine suitable policy interventions.
NEW DELHI: India has exported non-basmati white rice worth USD 122.7 million during April-May this fiscal and the government is closely monitoring its production, availability and export scenario to assess suitable policy intervention, Parliament was informed on Tuesday.
The exports stood at USD 852.53 million in 2023-24, USD 2.2 billion in 2022-23 and USD 2 billion in 2021-22, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.
He informed the export of non-basmati white rice is banned at present since July 20, 2023.
Source Link : https://www.ptinews.com/story/business/india-exports-usd-122-7-mn-non-basmati-white-rice-during-apr-may/1715558