Centre lifts ban on non-basmati white rice export, imposes minimum export price (MEP) of $490/tonne
The government has lifted the ban on non-basmati white rice exports, imposing a minimum export price of $490 per tonne. This decision comes after reducing the export duty on parboiled rice to 10%. These steps are intended to boost rice exports ahead of an expected bumper crop and ample stocks at FCI warehouses.