India

India Could Consider Broken Rice Shipments Through Diplomatic Deals

India could consider supplying broken rice to other countries only through diplomatic channels, the Directorate General of Foreign Trade, an arm of the trade ministry, said in an order on Wednesday.

India banned overseas shipments of broken rice and imposed a 20% duty on exports of various other grades in September 2022 amid concern over production because of below-average monsoon rainfall in key growing states.

China was the biggest buyer of India’s broken rice, with purchases of 1.1 million tonnes in 2021. Beijing used to import that variety mainly for feed purposes.

Though India might consider requests for supplies of broken rice to some countries case by case, New Delhi does not plan to lift the ban on broken rice exports, a government source said.
A 90% likelihood of an El Nino weather pattern developing during this year’s June-September monsoon season has raised the possibility of less than normal rain in 2023.

Bharat Express English

Recent Posts

ASEAN-India Alliance: A formidable Force Amidst Shifting Global Dynamics

The bilateral trade between India and ASEAN reached USD 86.9 billion in FY 2020-21, making…

1 year ago

India To Serve As Center For Green Hydrogen

By 2030, there will likely be a demand for more than 100 MMT of green…

1 year ago

How Bhutan’s Cross-Border Railway Connectivity With India Opens New Possibilities

Bhutan is gearing up to establish its first internationally connected cross-border railway with India’s north-eastern…

1 year ago

How Political Stability Under PM Modi Is Rocket-Fuelling New India

Opening his company’s first retail outlets in Mumbai and Delhi in May, Tim Cook, the…

1 year ago

COP28: INDIA’S IMPACTFUL ROLE

India’s robust engagement in COP28 amplifies its powerful message on the world stage. At this…

1 year ago

B20: INDIA’S VISION AND ACTION

The B20’s endeavors are carried out through Task Forces (TFs) and Action Councils (ACs), entrusted…

1 year ago