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Govt extends 20% duty on non-basmati rice till March 31

October 14, 2023
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Govt extends 20% duty on non-basmati rice till March 31

by Blitz India Media
October 14, 2023
in News
rice
Team Blitz India

NEW DELHI: The Government extended the 20 per cent duty on export of non-basmati rice by over five months till March 31.
The 20 per cent export duty on non-basmati rice was imposed on August 25 till October 16 to maintain adequate local stock and keep domestic prices under check.

Non-basmati white rice constitutes about 25 per cent of the total rice exported from the country.
In July, the Government banned export of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season.

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In September last year, exports of broken rice were prohibited. In the April-June period this fiscal, about 15.54 lakh tonnes of non-basmati white rice was exported against only 11.55 lakh tonnes in the year-ago period.

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