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India allows export of non-basmati rice to another 5 countries

Earlier, India allowed the export of such a variety of rice to Nepal, Cameroon, Cote d’Ivoire, Republic of Guinea, Malaysia, the Philippines, Seychelles, UAE, and Singapore.

India has allowed the export of non-basmati white rice in varying quantities to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya, an official notification said.

Notably, the export of non-Basmati white rice was prohibited on July 20 to check domestic prices and ensure domestic food security.

Earlier, India allowed the export of such a variety of rice to Nepal, Cameroon, Cote d’Ivoire, Republic of Guinea, Malaysia, the Philippines, Seychelles, UAE, and Singapore.

The Directorate General of Foreign Trade said that the export to these countries is permitted through National Cooperative Exports Limited in its notification on late Thursday evening.

While initially amending the rice export policy, DGFT maintained that the export will be allowed based on permission granted by the government to other countries to meet their food security needs and based on the request of their government.

West African country Benin is one of the major importers of non-basmati rice from India. Other destination countries are UAE, Nepal, Bangladesh, China, Cote D’ Ivoire, Togo, Senegal, Guinea, Vietnam, Djibouti, Madagascar, Cameroon Somalia, Malaysia, and Liberia.

In late August, India also introduced additional safeguards by way of imposing a minimum floor price on exports of basmati rice so as to prevent exports of non-basmati white rice, which was already under the prohibited category since July.

Recently, the central government extended the 20 per cent export duty on parboiled rice till March 31, 2024, an official notification said. Rice which is partially boiled with husk is called parboiled rice.

Initially, the duty was introduced on August 25, 2023, and was due to remain effective till October 16, 2023, aimed at maintaining adequate domestic availability and checking its price.

India in September 2022 banned the exports of broken rice and imposed a 20 per cent duty on exports of non-Basmati rice, except for parboiled rice amid concerns about low production due to a fall in area under the paddy crop. It later lifted the ban in November.

https://www.dnaindia.com/india/report-india-allows-export-of-non-basmati-rice-to-another-5-countries-3070995 QR Code

Published Date: December 8, 2023

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