Indian government allows export of non-basmati rice to six countries

Published 2023년 12월 12일

Tridge summary

India has permitted the limited export of non-basmati white rice to Kenya, Egypt, Madagascar, Equatorial Guinea, Comoros, and Nepal to meet food security requirements. The National Cooperative Exports Limited (NCEL) has been granted permission to export up to 240 thousand tonnes of rice, with specific quantities allowed for each country. The government has imposed a minimum export price (MEP) of $1,200 per tonne for basmati rice, but later reduced it to $950 per tonne in response to exporters' requests to increase competitiveness.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Planeta Rice) In a move aimed at meeting food security requirements of several countries, India has allowed limited exports of 240 thousand tonnes of non-basmati white rice to Kenya, Egypt, Madagascar, Equatorial Guinea and Comoros. Permission for exports was granted through the National Cooperative Exports Limited (NCEL), which allows the export of up to 100,000 tonnes of rice to Kenya, 60,000 to Egypt, 50,000 to Madagascar, 20,000 to Comoros and 10,000 tonnes of rice to Equatorial Guinea. A one-time exemption was also granted to the Indian Rice Exporters Federation for export of 20 tonnes of non-basmati rice to Nepal. The exemption was granted as a grant to the Nepal National Disaster Risk and Management Authority (NDRMA) to provide relief to earthquake victims in the Himalayan country. While non-governmental exports of wheat and non-basmati rice have continued to be banned since May 2022 and July 2023, respectively, intergovernmental and conditional exports of food grains ...
Source: Planetaarroz

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