India has decided to approve wheat and broken rice exports to few selected countries following their requests to allow the shipments of the grains, the government said in two separate notifications issued late on Tuesday.
The South Asian country banned exports of wheat and broken rice in 2022 to lower local prices.
But following requests, India would allow broken rice exports to Indonesia, Senegal and Gambia in 2023/24 financial year started on April 1.
New Delhi also approved request from Nepal and allowed wheat exports in the current financial year.
Indian exporters, which were exporting grains to these countries, need to bid for the allocated quota of wheat and broken rice, the government said in notifications.
Indonesia has signed an agreement with the Indian government to potentially import 1 million tonnes of rice if the El Nino weather pattern hits domestic supply, media quoted the trade minister as saying on Friday.
The bilateral trade between India and ASEAN reached USD 86.9 billion in FY 2020-21, making…
By 2030, there will likely be a demand for more than 100 MMT of green…
Bhutan is gearing up to establish its first internationally connected cross-border railway with India’s north-eastern…
Opening his company’s first retail outlets in Mumbai and Delhi in May, Tim Cook, the…
India’s robust engagement in COP28 amplifies its powerful message on the world stage. At this…
The B20’s endeavors are carried out through Task Forces (TFs) and Action Councils (ACs), entrusted…