
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.
After facing relentless pressure for several months, the Indian Rupee finally showed signs of rec
Supreme Court: The Supreme Court refused to entertain a plea seeking directions to the authoritie
The Election Commission on Tuesday appointed special observers for administrative, security, and
Prime Minister Narendra Modi's visit to Norway, Croatia, and the Netherlands has been postponed.
Bigg Boss 17 fame Anurag Dobhal, aka YouTuber UK07 Rider, has shared a video on YouTube in which
There was no consensus between the government and the opposition on Tuesday for the post of Lok S
With the results of the 2025 Bihar Assembly Elections coming out, the state's Finance Department
Experienced Indian batsman Karun Nair has failed to retain his place in the team for next month's
Shiromani Akali Dal chief Sukhbir Badal is serving in Takht Sri Kesgarh Sahib from today. Sukhbir
Arvind Kejriwal Arrest: Delhi Chief Minister Arvind Kejriwal has been arrested by the Enforcement