Explained | The ban on the export of broken rice

[ad_1] The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough), husked (brown rice) and semi-milled or wholly-milled rice. The measures do not affect export of basmati or parboiled rice. The Secretary […]

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Rice exports may fall by 4-5 MT post ban on broken rice, 20% duty, say exporters

[ad_1] India’s rice exports could fall by 4-5 million tonnes (MT) this fiscal year due to the ban on broken rice as well as export duty on non-basmati rice, except for parboiled grains, exporters said. India, which commands 40% share in the global rice trade, exported 21.23 MT of rice in 2021-22 fiscal as against […]

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