New Delhi: The Central government has revised its export policy for non-basmati white rice, now permitting its export under specific conditions, with a minimum export price (MEP) set at USD 490 per tonne. This amendment, announced through an official notification, is in accordance with the Foreign Trade Act and is effective immediately.
Previously, the export of non-basmati white rice—including semi-milled, wholly milled, polished, or glazed varieties—was prohibited under existing policy. The new notification changes the status of this rice category from "prohibited" to "free" for export. This policy shift allows for the export of non-basmati white rice, albeit with a regulated pricing condition. The revised policy aims to benefit exporters while maintaining price stability in the domestic market, addressing both international demand and local supply concerns.
On August 21, India authorized the export of 200,000 tonnes of non-basmati white rice to Malaysia. Additionally, in October 2023, the country approved the shipment of 170,000 tonnes of the same rice variety to Malaysia. Previously, India had also permitted exports of this rice type to countries such as Nepal, Cameroon, Côte d'Ivoire, the Republic of Guinea, the Philippines, Seychelles, UAE, Singapore, Comoros, Madagascar, Equatorial Guinea, Egypt, Kenya, and Tanzania, with varying quantities allocated to each nation. The Indian government initially banned the export of rice in July 2023 to manage inflation and ensure food security.
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