Centre Imposes 20% Export Duty On Parboiled Rice; Conditional Curbs On Basmati Rice Export
The Centre imposed a 20 per cent duty on exports of parboiled rice with immediate effect.
Source: india.com
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The Centre imposed a 20 per cent duty on exports of parboiled rice with immediate effect.
The decision to impose a 20 per cent export duty on parboiled rice will make purchasing the commodity expensive for foreign buyers, thus limiting its overseas sales and at the same time boosting its domestic availability.
To improve the domestic availability of onions, Government of India imposes 40% export duty on onions with immediate effect upto 31st December 2023.