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India lifts ban of non-basmati rice export

Minimum export price of $490 per ton has been fixed

Update : 28 Sep 2024, 07:18 PM

The Indian government on Saturday lifted the ban on international exports of non-basmati white rice.

Besides, minimum export price (MEP) of $490 per ton has been fixed.

The ban, which had been in place since July 20, 2023, was originally imposed to increase domestic rice availability.

"The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP of $ 490 per ton with immediate effect and until further orders," the directorate general of foreign trade (DGFT) said, news agency PTI reported.

Non-basmati white rice is a popular variety of rice that is widely consumed both domestically and exported to various countries.

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