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Will the export of Basmati and non-Basmati rice also be banned? The government gave this answer

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Rice Export

Highlights

  • There is currently no plan to ban the export of Basmati and non-basmati rice.
  • Basmati and non-basmati rice supply and prices under control
  • India exports non-basmati rice worth USD 6.11 billion

After the ban on the export of wheat and sugar, now rumors are spreading among the traders whether the government will now ban the export of rice as well. Now the government’s clarification has come on this. The government has denied any news of the export ban. The government has clarified that at present there is no plan to ban the export of basmati and non-basmati rice.

There are no plans to ban or limit the export of basmati and non-basmati rice, a senior government official said on Tuesday. He said the supply and prices of rice are under control. Earlier, the government had banned wheat exports and restricted sugar exports to 10 million tonnes in the sugar marketing year 2021-22 (October-September) as a precautionary measure.

After the ban on the export of wheat and sugar, now rumors are spreading among the traders whether the government will now ban the export of rice as well. Now the government’s clarification has come on this. The government has denied any news of the export ban. The government has clarified that at present there is no plan to ban the export of basmati and non-basmati rice.

There are no plans to ban or limit the export of basmati and non-basmati rice, a senior government official said on Tuesday. He said the supply and prices of rice are under control. Earlier, the government had banned wheat exports and restricted sugar exports to 10 million tonnes in the sugar marketing year 2021-22 (October-September) as a precautionary measure.

Export ban rumor

Rumors were spreading among the traders that the export of rice could also be controlled. This comment has come amidst this news. “No steps have been taken to regulate the export of any kind of rice. We have sufficient stock in our godowns and even with private traders. Domestic prices are also under control.

150 countries eat India’s rice

According to official figures, India is the second largest producer of rice in the world after China. India exported non-basmati rice worth US$ 6.11 billion in 2021-22. During this period, non-basmati rice was exported to more than 150 countries.

Rumors were spreading among the traders that the export of rice could also be controlled. This comment has come amidst this news. “No steps have been taken to regulate the export of any kind of rice. We have sufficient stock in our godowns and even with private traders. Domestic prices are also under control.

150 countries eat India’s rice

According to official figures, India is the second largest producer of rice in the world after China. India exported non-basmati rice worth US$ 6.11 billion in 2021-22. During this period, non-basmati rice was exported to more than 150 countries.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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