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EquityWireGovt to export 200,000 tn non-basmati white rice to Malaysia

Govt to export 200,000 tn non-basmati white rice to Malaysia

This story was originally published at 22:05 IST on 19 August 2024
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Informist, Monday, Aug 19, 2024

 

NEW DELHI – The government will export 200,000 tn of semi-milled or wholly-milled non-basmati white rice to Malaysia, the director general of foreign trade notified today. The export will be undertaken by the National Cooperative Exports Limited, set up in December to promote exports of agricultural commodities.

 

Over the past year, amid persistently high inflation, India has taken several steps to keep domestic retail prices in check. Currently, exports of non-basmati white rice continues to be prohibited and is only allowed on government-to-government basis. Exports of parboiled rice attract a 20% duty.  End

 

Reported by Pallavi Singhal

Edited by Rajeev Pai

 

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