Whats Happening‎ > ‎

India lifts export ban of three varieties of non-basmati rice

posted Feb 11, 2011, 10:08 AM by NAVYUG Info
Anticipating bumper crops, India on Friday lifted export ban of three varieties of non-basmati rice. 

In a notification, India’s Directorate General of Foreign Trade (DGFT) said the government has permitted exports of 'Ponni Samba' and 'Matta' varieties of basmati, subject to a cap of 25,000 tonnes each, while shipments of 'Sona Masuri' have been permitted with a cap of 1,00,000 tonnes 

The DGFT said "Certain varieties of rice (Sona Masuri, Ponni Samba and Matta) are permitted to be exported with a limit on quantity of export for the KMS (Kharif Marketing Season), 2010-11". 

Exemptions from the export ban would also be contingent upon the value of shipments exceeding $850 per tonne. 

These varieties are grown in Tamil Nadu, Kerala, Andhra Pradesh and Karnataka.

According to the Agriculture Ministry, rice production will rise to 94 million tonnes in the 2010-11 crop year from 89 million tonnes in the previous year. 

The DGFT, an arm of the Commerce Ministry responsible for export and import-related matters, said that overseas shipment of two varieties of onions has also been permitted, subject to a licence. 

"The export of Bangalore Rose onions and Krishnapuram onions is now restricted and their export shall be permitted under licence," it said, adding that the ban on exports of other varieties of onions will continue. 

The government had banned the export of onions early this January to rein in soaring onion prices, which touched Rs 70-85 per kg on 21st December, 2010, in retail markets of major metros.
Comments