Government to cut basmati export price | India News
India News: The Indian government plans to lower the Minimum Export Price (MEP) for basmati rice from $1200 to $950 per tonne. This move comes after rice exporter
Source: indiatimes.com
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basmati rice: Basmati export floor price to hit farmers
Farmers in Haryana, Punjab, and western Uttar Pradesh are facing a loss of ₹8,000-10,000 per acre due to the government's decision to set a minimum export price of $1,200 per tonne for basmati rice. Prices of the new crop have dropped by ₹400 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.
Source: indiatimes.com
Centre imposes price curbs on basmati rice export
The move is likely to slow down the export of one of India’s most sought-after, high-value export items. | Latest News India
Source: hindustantimes.com