India Boosts Global Rice Supplies with Policy Changes
India has lifted restrictions on non-basmati white rice exports to increase global supplies and lower prices. New Delhi set a floor price of four hundred ninety dollars per metric ton and eliminated the export tax on white rice. The export duty on parboiled rice was also reduced from twenty to ten percent.
India has decided to lift restrictions on the export of non-basmati white rice, which is expected to increase global supplies and lower international prices.
New Delhi has set a floor price of four hundred ninety dollars per metric ton and eliminated the export tax on white rice.
Additionally, the export duty on parboiled rice was reduced from twenty percent to ten percent.
These decisions follow earlier measures such as removing the floor price for basmati rice exports to aid farmers aiming for international markets.
New Delhi has set a floor price of four hundred ninety dollars per metric ton and eliminated the export tax on white rice.
Additionally, the export duty on parboiled rice was reduced from twenty percent to ten percent.
These decisions follow earlier measures such as removing the floor price for basmati rice exports to aid farmers aiming for international markets.
