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Home > All news > Export Import, Trade > Govt lifts ban on non-basmati white rice exports, removes floor price

Govt lifts ban on non-basmati white rice exports, removes floor price

October 25, 2024
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Govt lifts ban on non-basmati white rice exports, removes floor price

NEW DELHI : The Union government on October 23 removed the minimum export price (MEP) of $490 per tonne on overseas shipments of non-basmati white rice, a move expected to promote shipments of the commodity.

“The requirement of MEP for the export of non-basmati white rice…has been lifted with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification.

The government had imposed a ban on exports of non-basmati rice on July 20, 2023.  On September 28, the government withdrew a blanket . . .

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