The government has amended its policy on non-basmati white rice exports, changing the status from prohibited to free, as per a notification issued by the Directorate General of Foreign Trade (DGFT). Effective immediately, a minimum export price (MEP) of USD 490 per tonne has been imposed. This decision comes after the ban on non-basmati white rice exports, in place since July 20, 2023, was implemented to boost domestic supply. The new regulation applies to semi-milled or wholly milled rice, whether polished or unpolished, and will remain in effect until further notice.
Government Lifts Ban on Non-Basmati White Rice Exports with Minimum Price Cap of $490 per Tonne
