Is basmati rice export banned in India? :-
Amid the concerns of food inflation, India has now resolved to decrease the proportion of broken grains in its exports of non-basmati rice.
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The Center could use less broken rice for exports of rice that are not the basmati variety due to the increase in food prices in the midst of general elections.
The main objective is to lower the damaged ratio from up to a quarter of broken non-basmati and parboiled rice used for export down to 5%. That would raise available stock within the country especially at a time when prices of this food item have risen drastically noted a top policy maker.
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Despite the introduction of Bharat rice, stock disclosures, and export curbs, prices have continued to rise. Rice prices at the moderate level, as per information provided by consumer affairs ministry on Friday, still hover around Rs.44.40 per kg.and this represents an increase by 13.10% from a year ago.
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The government had to look for other ways to approach the market because inflation in rice stood at 12.7%, marking a significant increase compared to what obtained in March when food inflation moderated some bit.
According to a notification Directorate General of Foreign Trade (DGFT), the actual content of broken rice in parboiled rice is 15%. “DFPD has stated that similar standards cannot remain for the exportation of parboiled rice so it has been put forward that the percent of broken percentage be dropped to 5% on the rice to be exported,”
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According to an official, the broken percentage is 25% when it comes to unbranded non-basmati white rice counting. “For non-basmati white rice exports, quality requirements may need to be changed to just 5 percent broken,” he said. It is important to note that broken percentage in rice exports is determined by what each country importing it wants. For instance, Africa demands 25% broken for non-basmati white rice, whereas US wants 2-3% broken only.
basmati rice export from india
Around 5% of rice, which has been parboiled, is discovered to be broken in most exports. The higher the price of rice in terms of lower breakage. Spot traders have been quoted a price of ₹35,000 per tonne for 5% broken non-basmati white rice, while that of 25% is priced at ₹30,000 a tonne.
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“According to the official, the decrease in the proportion of exports through which rice is damaged will make it possible to have broken rice for industrial purposes domestically including the production of ethanol and may also lead to lower domestic rice prices because of slower exports” replied the official.
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“Should fixing the broken rice percentage in exports of non-basmati white and parboiled rice have a negative effect on the total volume of rice exports. A study should be conducted by department of commerce to access the effect the reduction in broken percentage will have on rice exports. Once this is accomplished the subsequent step will be decided by the relevant authorities,” said the official.
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The exporting of non basmati white rice is currently banned except for government-to-government deals while the exporting of parboiled attracts a 20% tax. The next India consignment to a foreign nation that involves sending non basmati white rice on G2G will bear the new specifications if approved. So far, India has exported almost two million tonnes of non basmati under the G2G channel after imposing the export ban last June.
