The ban, in the starting up imposed in July 2023, was aimed in direction of guaranteeing ample domestic rice present and stabilizing costs.
TBS Epic
28 September, 2024, 04:15 pm
Final modified: 28 September, 2024, 04:17 pm
The Indian authorities has lifted its ban on the export of non-basmati white rice, effective without prolong, basically based mostly on a notification issued on Friday (27 September), studies NDTV.
The ban, in the starting up imposed in July 2023, was aimed in direction of guaranteeing ample domestic rice present and stabilizing costs.
Exporters own welcomed the determination, calling it a “game-changer” for the sector.
Moreover, the Indian authorities has diminished the export accountability on parboiled rice from 20% to 10%, offering extra relief to the sector.
