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regular-article-logo Friday, 22 November 2024

Govt allows non-basmati white rice exports with minimum price cap of USD 490 per tonne

Exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply

PTI New Delhi Published 28.09.24, 05:59 PM
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The government on Saturday removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of USD 490 per tonne.

Exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply.

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"The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP of USD 490 per tonne with immediate effect and until further orders," the directorate general of foreign trade (DGFT) said in a notification.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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