Biggest News Aggregation in the World
๐Ÿ“ฐ Export Price News

Export Price News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Export Price. Real-time updates on events, politics, business and more.

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News โ†’

Considering review of basmati rice minimum export price, says govt

The Indian government is considering a review of the minimum export price of basmati rice, which currently stands at USD 1,200 per tonne. Rice exporters associations have been requesting a reduction to around USD 850 per tonne. The government had previously decided not to allow exports below USD 1,200 per tonne to prevent the shipment of non-basmati rice disguised as premium basmati rice. The Ministry of Consumer Affairs, Food & Public Distribution stated that a review of the export price is...
New Delhi Piyush Goyal Ministry Of Consumer Affairs Consumer Affairs Public Distribution Central Government

basmati rice: Basmati export floor price to hit farmers

Farmers in Haryana, Punjab, and western Uttar Pradesh are facing a loss of โ‚น8,000-10,000 per acre due to the governments decision to set a minimum export price of $1,200 per tonne for basmati rice. Prices of the new crop have dropped by โ‚น400 per quintal in the past week. Millers and exporters are pressuring farmers to sell at a lower price in anticipation of the government removing the minimum export price after October 15.
Uttar Pradesh West Bengal Vijay Kapoor Vijay Setia Raghbir Singh India Rice Exporters Association

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science