Centre has given the green light for the export of 75,000 tonnes of non-basmati white rice to the United Arab Emirates (UAE). It’s worth noting that the export of non-basmati white rice had been prohibited since July 20, primarily to stabilize domestic prices and ensure food security within the country.
The Directorate General of Foreign Trade (DGFT) announced this decision in a notification issued late on Monday evening, permitting exports to the UAE through the National Cooperative Exports Limited (NCEL). In amending the export policy, DGFT clarified that such exports would be allowed in accordance with the government’s permissions to other nations, primarily to meet their food security requirements, as requested by their respective governments.
Last month, the Government of India had similarly allowed the export of rice to meet the food security needs of Singapore. It’s important to note that one of the prominent importers of non-basmati rice from India is the West African nation of Benin. Additionally, countries like Nepal, Bangladesh, China, Cote D’Ivoire, Togo, Senegal, Guinea, Vietnam, Djibouti, Madagascar, Cameroon, Somalia, Malaysia, and Liberia are among the other destinations for Indian non-basmati rice exports.
India had imposed a ban on broken rice exports in September 2022, along with a 20 percent duty on non-basmati rice exports (excluding parboiled rice). These measures were enacted due to concerns about reduced production resulting from a decrease in the area under paddy cultivation. However, the ban was subsequently lifted in November of the same year.
Also Read: Cauvery Row: CM Siddaramaiah Accuses BJP & JDS of Doing Politics
Catch all the Latest Business News, Breaking News Events, and Latest News Updates on NewsX