The central government has lifted restrictions on the export of organic non-adulterated basmati rice (non-adulterated basmati rice), including broken rice, to the domestic market following an increase in arrivals and softening of prices. Earlier, the government had decided to ban it so that there is no shortage of availability at the domestic level. After that, a provision was made to impose a 20 percent duty on the export of non-basmati rice. Its main objective was to ensure supply to the domestic market. A notification issued by the Directorate General of Foreign Trade, DGFT, states that the export of organic non-basmati rice, including organic non-basmati broken rice, will now continue as before the ban imposed in September.
Where is broken rice used?
Broken rice is used in the winemaking industry, ethanol-making industries, poultry, and animal industry. India is the largest producer of rice after China. India accounts for 40% of the global market for chickpeas. Rice exports stood at $5.5 billion from April-September in the current financial year. According to data from the Ministry of Commerce, it was $ 9.7 billion in 2021-22. India exports about 10,000-15,000 tonnes of organic rice (basmati and non-basmati) annually.
With domestic supplies softening, it has now been decided to lift the ban. The ban on exports had assumed significance during September as it appeared that the total area sown to paddy this Kharif season may be less than last year. The government then thought that prices could be affected by the possibility of a lower crop, so rice exports were banned to ensure supply in the domestic market and keep prices in check.
In the final match of the T20 World Cup 2024, the Indian team defeated South Africa by 7 runs. Wi
For a hero, not only do excellent acting skills matter, but also their physical appearance. But w
Non-availability of medical facilities is a big problem when a passenger's health deteriorates wh
The statement of Chairman and MD Mukesh Ambani has come to the fore after the separation of Jio F
Rakhi Sawant: Amidst Diljit Dosanjh controversy, Rakhi Sawant praised Aamir Khan, users got angry
While Diljit Dosanjh is being criticized for casting Pakistani actress Hania Amir in the Punjabi
The growing tension between India and Bangladesh is now clearly visible on the sports field and i
Salaar Box Office Collection Day 17: Prabhas's Salaar is dominating the box office. On Sunday the
Various Union Ministers of State have been assigned responsibilities to receive foreign guests ar
All types of movies are shown in Bollywood, romantic, action, comedy, and horror. Everyone has th
Citizenship Amendment Act: Four years after being passed by the Parliament, the law to grant citi
