India lifts ban on non-basmati white rice exports amid surging inventories

economictimes.indiatimes.com:

This move comes as the nation, the world's largest rice exporter, sees an increase in rice inventories and prepares for the upcoming harvest season.

The government initially banned the overseas shipment of non-basmati white rice on July 20, 2023, to enhance domestic supply.

However, the directorate general of foreign trade (DGFT) noted in a recent notification that the policy has been amended from «prohibited to free,» provided that the export meets the newly established minimum price.

«The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP of USD 490 per tonne with immediate effect and until further orders,» stated the DGFT in the notification.

• Artificial Intelligence(AI)

  Java Programming with ChatGPT: Learn using Generative AI

  By — Metla Sudha Sekhar, Developer and Lead Instructor

• Artificial Intelligence(AI)

  Basics of Generative AI: Unveiling Tomorrow's Innovations

  By — Metla Sudha Sekhar, Developer and Lead Instructor

• Artificial Intelligence(AI)

  Generative AI for Dynamic Java Web Applications with ChatGPT

  By — Metla Sudha Sekhar, Developer and Lead Instructor

• Artificial Intelligence(AI)

  Mastering C++ Fundamentals with Generative AI: A Hands-On

  By — Metla Sudha Sekhar, Developer and Lead Instructor

• Artificial Intelligence(AI)

  Master in Python Language Quickly Using the ChatGPT Open AI

  By — Metla Sudha Sekhar, Developer and Lead Instructor

• Office Productivity

  Zero to Hero in Microsoft Excel: Complete Excel