By Susan Reidy NEW DELHI, INDIA — The Indian government will resume non-basmati white rice exports with a minimum floor price of $490 per tonne, ending a ban that started in July 2023. In the last several weeks, the government has gradually eased restrictions on premium, aromatic basmati and parboiled varieties. It eliminated the minimum […]
BW Online Bureau India is the leading exporter and grower of basmati rice, followed by neighboring Pakistan. Rice prices have shown signs of uptrend after India removed export restrictions and opened new business avenues for exporters. The removal of trade barriers has helped Indian rice exporters regain competitiveness in the overseas markets. According to traders, […]
The Punjab Seed Council has officially approved two new basmati rice varieties, promising a 50% increase in yield compared to currently cultivated types. These new varieties are expected to produce between 60 and 65 maunds per acre, significantly improving the current average yield of 40-45 maunds per acre. At the Annual General Meeting on Tuesday, […]
As globalisation impacts everything, food choices everywhere are liberalising — and the potential of Basmati rice as a major export product to South-East Asian nations is yet to be mapped. By Anshul Garg Rice is one of the major staple foods in Asia, particularly in the South-East Asian nations. ASEAN (Association of Southeast Asian Nations) […]
The sight of farmers throwing the basmati produce leaves city residents shocked. Manmeet Singh Gill ,Tribune News Service Anguished over the abysmally low prices being offered to them for basmati, the farmers here scattered the crop on city roads on Saturday and demanded that the government ensure a fair price. The farmers started their protest […]
The move has amended the export policy for non-basmati white rice (semi-milled or wholly milled rice, whether polished or gazed).Written By Nikita Prasad The government on Saturday, September 28, removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne. Exports of non-basmati white […]
By Shahmir Kazi Pakistan’s rice exports have emerged as a beacon of hope for the country’s struggling economy, with an approximate 78 percent surge in FY23-24. This remarkable growth has not only bolstered foreign exchange reserves but also showcased the immense potential of the agricultural sector to drive economic recovery. Pakistan exported some 6 million […]
Deal signals growing foreign investment in Pakistan’s agri-business sector and aims to boost rice exports By News Desk The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 per cent shareholding in M/s. Fatima Euricom Rice Mills (Pvt) Ltd by M/s. Euricom S.P.A, a leading agri-business entity based in Italy. Under the […]
Story by Mayank Bhardwaj and Rajendra Jadhav. By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of […]
It upholds Italy’s objection to Islamabad’s application for Protected Geographical Indication status for the fragrant rice. By Subramani Ra Mancombu The European Commission (EC) is unlikely to provide Protected Geographical Indication (PGI) tag for Pakistan’s basmati rice in the European Union. This follows the EC’s acceptance of Italy’s opposition to Pakistan’s application filed earlier this […]
