Tag: rice export

Centre exempts non-basmati white rice from export duty, cuts levy on parboiled rice

September 28, 2024 admin

Image used for representative purpose only. | Photo Credit: The Hindu The government has exempted export of non-basmati white rice from customs duty. In a notification issued late Friday, the revenue department also reduced export duty on parboiled rice, husked (brown rice), and rice in the husk (paddy or rough) to 10%. Explained | Understanding…

Business

India’s smaller rice crop paves way for prolonged export curbs

November 2, 2023 admin

For the first time in eight years, India’s rice output is expected to drop this year, raising the prospect that Prime Minister Narendra Modi’s government will extend curbs on exports of the grain to keep a lid on food prices ahead of elections. Production in India, the world’s largest rice exporter, is under unusually intense…

Business

India Decides To Allow Rice Export To Singapore In View Of “Special Ties”

August 29, 2023 admin

Notably, the export of non-basmati white rice was prohibited from July 20 to check the domestic prices. New Delhi: In view of the “special relationship” with Singapore, India has decided to allow the export of rice to “meet the food security requirements” of the Southeast nation, the Ministry of External Affairs (MEA) said. “India and…

Nation

Centre bans export of non-basmati white rice to check price rise

July 20, 2023 admin

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…

Business