India allows non-basmati rice exports to another 5 countries

Rice

India

Regulation & Compliances

Market & Price Trends

Published Dec 9, 2023

Tridge summary

India has allowed the export of non-basmati white rice to several countries, including Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya, after previously prohibiting such exports in July. The exports will be permitted based on government permission to meet food security needs and requests from other countries. Additionally, India has extended the 20 per cent export duty on parboiled rice until March 31, 2024, and previously banned the exports of broken rice and imposed a 20 per cent duty on exports of non-Basmati rice, except for parboiled rice, due to concerns about low production.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

New Delhi [India], December 8 (ANI): India has allowed the export of non-basmati white rice in varying quantities to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya, an official notification said. Notably, the export of non-Basmati white rice was prohibited on July 20 to check domestic prices and ensure domestic food security. Earlier, India allowed the export of such a variety of rice to Nepal, Cameroon, Cote d’Ivoire, Republic of Guinea, Malaysia, Philippines, Seychelles, UAE, and Singapore. The exports to these countries are permitted through National Cooperative Exports Limited, the Directorate General of Foreign Trade said in its notification on late Thursday evening. While initially amending the rice export policy, DGFT maintained that the export will be allowed on the basis of permission granted by the government to other countries to meet their food security needs and based on the request of their government. West African country Benin is one of the major ...

Source: Theprint