Government approves export of one million tonnes of non-Basmati rice
Utkarsh Classes
Last Updated
01-03-2024
Economy
3 min read
On October 19, 2023, the Central Government has decided to lift the restrictions imposed on the export of non-Basmati rice. With this decision, the government will be able to export it to seven countries including Nepal, Cameroon and Malaysia.
Export of 10,34,800 tonnes of non-Basmati rice:
- By lifting the ban on export of non-Basmati rice, the government has allowed export of 10,34,800 tonnes of non-Basmati rice to seven countries including Nepal, Cameroon and Malaysia.
- Keeping in view the food security needs of some countries, the government has allowed export of non-Basmati rice to them.
Rice will also be exported to four African countries:
- According to a notification from the Directorate General of Foreign Trade (DGFT), permission has been given to export 10,34,800 tonnes of non-Basmati rice to seven countries.
- These countries include Nepal, Cameroon, Cote d'Ivoire, Guinea, Malaysia, Philippines and Seychelles. These include four African countries.
- According to the notification of DGFT, this export is done by National Cooperative Export Limited. This can be done through (NCEL).
Why did the government ban the export of non-Basmati rice?
- According to DGFT, India had imposed a ban on export of non-Basmati rice from July 20, 2023 to increase domestic supply.
- But keeping in mind the food security needs of some countries, the government has allowed export of non-Basmati rice to them.
How many tons of rice will be exported to which countries?
- As per notification of DGFT:
- 95 thousand tons to Nepal,
- 190,000 tonnes to Cameroon,
- 142,000 tonnes to Côte d'Ivoire,
- 1,42,000 tonnes to Guinea,
- 1,70,000 tonnes to Malaysia,
- 2,95,000 tonnes more to Philippines
- 800 tonnes of non-Basmati rice will be exported to Seychelles.
India is the world's largest rice exporter:
- India is the world's largest rice exporter. Last month, a ban on export of non-Basmati i.e. white rice was imposed to control rising prices of rice domestically and ensure food security.
20 percent duty on export of boiled rice:
- At present, along with the ban on export of rice, 20 percent duty is also applicable on the export of boiled rice.
FAQ
Non-Basmati Rice
A ban on export of non-Basmati rice was imposed in July 2023 to control rising prices of rice domestically and ensure food security.
Keeping in mind the food security needs of some countries, the government has allowed the export of non-Basmati rice.
It will be possible to export it to seven countries
10,34,800 tonnes of non-Basmati rice will be exported.
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