New Delhi: In view of the ever-increasing prices of rice in the country, the central government has taken a big decision. Actually, the central government has banned the export of broken rice. A government order has also been issued for this. Along with this, the government has also imposed an export duty of 20 percent on non-basmati rice except Usna rice.
A notification in this regard was issued by the Director General of Foreign Trade Santosh Kumar Sarangi. According to the notification, 'Export of Broken Rice has been banned from today i.e. 9th September.' Along with this, 20 percent duty has been imposed on exports of various grades. Explain that India is the largest producer of rice after China. India accounts for 40 per cent of the international trade in rice. In the current Kharif season, the area under paddy crop has come down drastically. In such a situation, the government has taken this step to increase the domestic supply. According to the latest data of the Ministry of Agriculture, so far the sown area of paddy has decreased by 5.62 per cent to 383.99 lakh hectares in the current Kharif season. Due to less rainfall in some states of the country, the area under paddy has reduced.
Explain that India is the world's largest producer of rice after China. India accounts for 40 per cent of the global rice trade. India exported 21.2 million tonnes of rice in the 2021-22 fiscal year. It had 39.4 lakh tonnes of basmati rice. According to official figures, exports of non-basmati rice stood at $6.11 billion during this period. India exported non-basmati rice to more than 150 countries of the world in 2021-22.
Vehicle sales up 8 pc in August, 2-wheelers cause for concern: FADA
E-Invoicing mandate for entities with over Rs 10 cr turnover from Oct 1
'Oil imports from Russia increased,' Sitharaman said- This is all due to PM...