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Home > All news > Export Import > Rice exporters move Apex Court for relaxation of export ban, cite global contracts

Rice exporters move Apex Court for relaxation of export ban, cite global contracts

August 31, 2024
Reading Time: 2 minutes
Indian rice fields with potential reduced output leading to export curbs.
Indian rice fields with potential reduced output leading to export curbs.

New Delhi - As India continues the ban on rice exports, which kicked in on July 20, to ensure that the country had sufficient stock for domestic consumption and to cool prices, several rice exporters are considering to challenge the decision of the government in the court, seeking an urgent relaxation on the ban to meet global contracts signed by them prior to the ban came into the effect, said industry sources.

Rice exporters, who did not wish to be quoted said, “a few exporters have already exercised this legal option and many others are . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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