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The government has imposed a 20% duty on the export of parboiled rice, a move aimed at maintaining adequate local stock and keep domestic prices under check. The export duty, imposed on August 25, will remain effective till October 16, 2023, the Finance Ministry said in a notification. Duty exemption would be available on parboiled…
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The domestic prices of rice are on an increasing trend. | Photo Credit: The Hindu The Centre banned the export of non-basmati white rice on Thursday. The Directorate General of Foreign Trade under the Union Commerce Ministry announced in a notification that the ban would come into effect immediately and exemptions would be given only…
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