In a significant move, the Ministry of Commerce & Industry on Monday cleared the export of 75,000 tonnes of non-basmati white rice to the United Arab Emirates (UAE) through National Cooperative Exports Ltd (NCEL). The decision is noteworthy because although there is a ban on rice exports, India is shipping rice to friendly and neighbouring countries on their request to meet their food security demands.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

"Export of 75,000 MT of Non-Basmati White Rice (under HS code 1006 30 90) to UAE is permitted through NCEL,” the Directorate General of Foreign Trade (DGFT) said in a notification.

"In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2023 and in accordance with the provision contained in Para 2 (iv) of Notification No. 20 dated 20.07.2023, export of 75,000 MT of non-Basmati white rice (under HS code 1006 30 90) to UAE is permitted through National Cooperative Exports Limited (NCEL)," it further added.

Earlier, the government permitted the export of broken rice to Senegal (5 lakh tonnes), Gambia (5 lakh tonnes), Indonesia (2 lakh tonnes), Mali (1 lakh tonnes), and Bhutan (48,804 tonnes).

The government has also allowed exports of non-basmati rice to Bhutan (79,000 tonnes), Mauritius (14,000 tonnes) and Singapore (50,000 tonnes) through the NCEL.

On September 9 last year, the government banned the export of broken rice to check rising retail prices and boost domestic supply.

On July 20, it banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season.

(With Agency Inputs)