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NEW DELHI: India in now allowing exports of non-basmati white rice as inventories in the world’s biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks.
On August 21, India approved the export of 200,000 tonnes of non-basmati white rice to Malaysia. In October 2023, the country also authorised the shipment of 170,000 tonnes of the same rice ...
New Delhi set a floor price for non-basmati white rice exports of US$490 per metric ton, a government order said. That came a day after the government cut the export tax on white rice to zero.