Ban on exports of non-basmati lifted

New Delhi, November 29

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The government on Tuesday lifted the ban on exports of organic non-basmati rice, including broken rice, a move which would help in promoting the outbound shipments of the commodity.

Move to promote outbound shipments

• The government had, in early September, banned the export of broken rice with an aim to increase domestic availability
• This followed a 20% duty on the export of non-basmati rice aimed at shoring up domestic supplies after prices surged in retail markets
• Rice exports stood at $5.5 billion during April-September this fiscal. It was $9.7 billion in FY22

The government had, in early September, banned the export of broken rice with an aim to increase domestic availability.

This followed a 20% duty on the export of non-basmati rice aimed at shoring up domestic supplies after prices surged in retail markets.

In a notification, the Directorate General of Foreign Trade said the export of organic non-basmati rice, including organic non-basmati broken rice, will now be governed by rules that prevailed before the September ban.

“India exports about 10,000-15000 tonne of organic rice (basmatic and non- basmati) annually. The exports of organic basmati and non-basmati rice was growing rapidly in the past 4-5 years and the government has taken the right step to lift the ban,” All India Rice Exporters Association past president Vijay Setia said.

Food Corporation of India (FCI) MD Ashok KK Meena on November 23 has said the government is regularly monitoring the price scenario of essential commodities and taking corrective measures as required.

“In comparison to last month, there is a marginal increase in retail and wholesale prices of wheat and wholesale price of rice. There is negligible hike in the retail price of rice and prices are under control,” he had said.