Exporters hailed the choice, dubbing it a “game-changer” for the sector.
Kolkata:
The Centre lifted the ban on the export of non-basmati white rice on Friday with speedy impact, in keeping with a notification.
In July 2023, the federal government imposed the ban to make sure the home provide of rice and hold costs underneath management.
Exporters hailed the choice, dubbing it a “game-changer” for the sector.
“India’s daring resolution to raise restrictions on non-basmati white rice exports is a game-changer for the agricultural sector,” mentioned Rice Villa CEO Suraj Agarwal.
“This strategic transfer won’t solely increase the earnings of exporters but in addition empower farmers, who can count on greater returns with the approaching arrival of the brand new kharif crop,” he mentioned.
The federal government has additionally lowered the export obligation on parboiled rice to 10 per cent from 20 per cent, the notification mentioned.
One other rice exporter, Keshab Kr Halder of Halder Group who was in search of speedy elimination of the ban lauded the federal government’s transfer.
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