India bans export of broken rice

According to a government notification, the government of India has banned the export of broken rice in an effort to enhance domestic availability after imposing a 20% export charge on non-basmati rice.

"Export Policy of broken rice …Is amended from 'Free' to 'Prohibited'," the Directorate General of Foreign Trade (DGFT) said in a notification dated September 8, 2022. The notification comes into effect from September 9, 2022.

It further said that the provisions of the transitional arrangement under the Foreign Trade Policy 2015-2020 shall not apply to this notification. In response to a decrease in the area under the paddy crop in the current Kharif season, the government on Thursday increased export taxes on non-basmati rice by 20%, with the exception of parboiled rice. The step can lead to increase in domestic supply of rice. A 20% export tariff has been levied on "husked (brown) rice" and "rice in husk (paddy or rough)," according a notification from the revenue department.

(source : PTI)