Tribune News Service The government has introduced a significant relaxation in rice export regulations, aimed at streamlining trade to Europe. The Directorate General of Foreign Trade (DGFT), under the Department of Commerce, announced an amendment to the export policy for both basmati and non-basmati rice, effective immediately. Under the revised norms, exporters shipping rice to […]
Our Correspondent, New Delhi The Indian government has announced that exports of non-basmati rice will now be allowed only after registration with the Agricultural and Processed Food Products Export Development Authority (APEDA), an arm of the Commerce Ministry. Bangladesh is one of the main importers of non-basmati rice from India. “The export policy of non-basmati […]
Rice stocks held by the Food Corporation of India (FCI) have surged to a 10-year high of 36.3 million tonnes (MT), 2.5 times the required buffer, primarily due to robust crop output and high Minimum Support Price (MSP) procurement. Written by Sandip Das Rice stocks with the Food Corporation of India (FCI) have risen to […]
Low yield and market rates, coupled with rainfall and floods mean farmers are getting prices lower than last year. Vivek Mishra The floods this year in Punjab have caused a drop in the prices of the state’s famed aromatic Basmati rice, and farmers are in despair. The Pusa 1121 (about 40 per cent) and Pusa […]
Ruchika Khanna / Tribune News Service As much as 117 lakh metric tonnes (LMT) of rice is expected to be produced in Punjab from the 180 LMT of paddy projected to arrive in the mandis during the ongoing kharif marketing season. However, storage space to accommodate only 15 LMT produce is currently available in the […]
Hanoi, September 30 (VNA) – Vietnam exported 6.6 million tonnes of rice, earning nearly 3.4 billion USD as of September 15, up 1.5% in volume, but down 17% in value compared to the same period in 2024, according to customs data. The Vietnam Food Association said that export rice prices are stable, with 5% broken […]
Zahid Baig LAHORE: Chairman Senate Syed Yousaf Raza Gilani lauded the vital role of rice industry in Pakistan’s economy and assured that, in his capacity as Senate Chairman, he would utilise all available parliamentary resources to promote agricultural development and strengthen the rice sector. He expressed confidence that with the combined efforts of the government, […]
Source: Policy Circle Basmati rice dispute: The free trade agreement between India and the European Union, under negotiation for years, has entered an unexpected quagmire. The stumbling block is not tariffs on automobiles or pharmaceuticals, but basmati rice. Both India and Pakistan claim exclusive rights to the “basmati” designation, a dispute that has spilled into […]
Three industry associations support the move, hope it will yield tangible results By Prabhudatta Mishra After introducing mandatory registration of contracts for export of non-basmati rice, the Indian government has decided to levy a token fee of ₹8 per tonne to promote the staple cereal as an India brand. Currently, several varieties are exported in […]
The European Union has recognised long-grain aromatic rice from Pakistan’s Sindh province as basmati, granting import approval. This decision is a setback for India, weakening its claims and benefiting Pakistan in the global basmati recognition battle. The move poses both economic and strategic concerns for India’s rice industry, impacting exports and international market positioning.
