India May Lift Ban on Non-Basmati Rice Exports
India may lift ban on non-basmati white rice exports, says Food Secretary Sanjeev Chopra. The ban, in place since July 20, 2023, was imposed to boost domestic supply. With ample stocks and controlled retail prices, the government is reconsidering. A decision will be made based on requirements and available stocks.
New Delhi, Sep 18 (PTI) The government is mulling lifting the ban on export of certain varieties of non-basmati rice, Food Secretary Sanjeev Chopra said on Wednesday.
“It (lifting of export ban on white rice) is also under consideration of the government. These things are dynamic and we will take an appropriate decision depending on the requirement and stocks available,” Chopra told reporters.
Export of non-basmati white rice has been banned since July 20, 2023 to boost domestic supply. The government has extended 20 per cent export duty on parboiled rice indefinitely.
The secretary said there is ample stock of rice in the government godowns and retail prices are also under control.
Source Link : https://money.rediff.com/news/market/india-may-lift-ban-on-non-basmati-rice-exports/15901820240918
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