Since Haryana is the biggest producer of basmati rice with a total share of around 42 percent in its exports, the decision is likely to have an adverse impact on farmers and traders of the state
After a subpar monsoon season, India now stares at a ‘strong El Niño’ event this winter, with global forecasters predicting a 75-80 per cent chance of it peaking during November-January.
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do
IT IS notified for the general information of the public that in exercise of the powers conferred by section 114 (2) of the East African Community Customs Management Act, 2004
Rice imports more than doubled in the first half of the year amidst duty waivers as the country battled drought-induced scarcity, official data shows, surpassing the volumes shipped in during the 12 months of 2022.
NEW DELHI/MUMBAI, Oct 11 (Reuters) - India is planning to extend a 20% duty on exports of parboiled rice until March 2024, a government official told Reuters on Wednesday, a move that could further reduce shipments from the world's largest exporter and raise global rice prices.
VOV.VN - Several regional countries such as Indonesia and the Philippines have recently moved to increase their imports of Vietnamese rice, opening up bright prospects ahead for the global and Vietnamese rice markets during the last months of the year, according to insiders.
WITH no formal supporting document from the national office, the price cap on rice is not yet officially lifted, a Department of Agriculture-Davao Region (DA-Davao) official said.
The government’s decision to impose a 20 per cent export duty on parboiled rice and a $1,200 per tonne minimum export price (MEP) on basmati rice has pulled down overseas shipments of the former by almost 83 per cent and around 30 per cent of basmati exports in a month.
KUALA LUMPUR: Cambodia is prepared to initiate rice exports to Malaysia, following a meeting between the Minister of Agriculture, Forestry, and Fisheries, Dith Tina, and Agriculture and Food Security minister, Datuk Seri Mohamad Sabu.
JAKARTA (Reuters): Indonesia will import an additional 1.5 million metric tonnes of rice in 2023, its agriculture minister said on Monday (Oct 9), amid rising prices of the staple as drought affects harvests in many production centres countrywide.
President Ferdinand Marcos Jr. has ordered the Department of Agriculture to use the excess collections of the Rice Competitiveness Enhancement Fund (RCEF) to help rice farmers.
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