Business
India Bans Export Of Broken Rice, Imposes 20 Per Cent Duty On Non-Basmati Rice Exports
Rice (Representative Image) (MANAN VATSYAYANA/AFP/Getty Images)
New Delhi, Sep 9 (PTI) After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification
'Export Policy of broken rice ...is amended from ‘Free’ to ‘Prohibited’,' the Directorate General of Foreign Trade (DGFT) said in a notification dated September 8, 2022.
The notification comes into effect from September 9, 2022.
Provisions under the Foreign Trade Policy 2015-2020 regarding the transitional arrangement shall not be applicable to this notification, it added.
The government on Thursday imposed a 20 per cent export duty on non-basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under the paddy crop in the current Kharif season.
According to a notification by the revenue department, an export duty of 20 per cent has been imposed on 'rice in husk (paddy or rough)' and 'husked (brown) rice'.
(This story has been published from a wire agency feed without any modifications to the text. Only the headline has been changed.)
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