No floor price for non-basmati rice exports as government lifts curbs

The Indian government has decided to remove the export duty on parboiled rice and the Minimum Export Price on non-basmati white rice, allowing Indian farmers to compete more effectively in the international market. These measures come amid a bumper paddy crop and significant buffer stock levels.

Oct 24, 2024 - 04:30

No floor price for non-basmati rice exports as government lifts curbs

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The Indian government has decided to remove the export duty on parboiled rice and the Minimum Export Price on non-basmati white rice, allowing Indian farmers to compete more effectively in the international market. These measures come amid a bumper paddy crop and significant buffer stock levels.