# Tags

Govt may reduce floor price for basmati rice exports

Exporters said higher MEP could adversely impact the domestic procurement of basmati rice paddy for the next season and hit farmers’ income. Written by Sandip Das In FY24, India exported a record 5.24 million tonne (MT) of aromatic rice valued at $5.83 billion. (Reuters) The government is likely to consider reducing the minimum exports duty […]

India’s rice exports drop 34% in Q1 of FY25 as export curbs continue

Export prohibition on non-basmati white rice and broken rice and a 20% tariff on the parboiled variety are reasons behind dip Puja Das In the first three months of FY25, the fall in exports of non-basmati white rice has been in the same period the highest, around 78% at nearly 300,000 tonnes followed by another […]