New Delhi, March 8 (PTI) government has lifted the export ban on broken rice to promote its shipment. The ban was imposed in September 2022.
The Directorate General of Foreign Trade said in a notification, “It has been prohibited from prohibited to free the broken rice export policy with immediate effect. Exporters have earlier urged the government to allow shipments due to increase in inventions.
Last year, the government removed a minimum export price (MEP) of USD 490 per tonne on foreign shipments of non-Basamati white rice and withdrew a blanket restriction on shipment of this diversity.
These measures come at a time when there is enough rice stock in government warehouses in the country and retail prices are also under control. Export ban was imposed as the Russia-Ukraine War disrupted the foodgrain supply chain.
Although there was a ban on exports, the government allowed shipment to favorable and needy countries on the basis of request. In 2023â24, India exported 194.58 million USD broken rice to countries such as Gambia, Benin, Senegal and Indonesia. It was USD 983.46 million in 2022-23 and USD 1.13 billion in 2021-22.
(Tagstotransite) rice
