Centre bans export of non-basmati white rice to boost domestic supply

NEWDELHI:TheCentreonThursdaybannedtheexport of non-basmati white rice with immediate effect to boost domesticsupplyandhelpcontrolinflation.

Non-basmati white rice accounts for nearly 25-30 per cent of total rice exported from the country. The total exports of non-basmati white rice from India was $4.2 million in 2022-23, as against $2.62 million in the preceding year. Major destinationsofIndia'snon-basmatiwhitericeexportsinclude Thailand,Italy,Spain,SriLankaandtheUSA.

Volume wise, India exported 6.5 million tonnes of this varietyinFY23,comparedto5.3milliontonnesintheprevious

financialyear(ariseofnearly22percent).

Thebancomesatatimewhenricepricesasperanofficial statement have increased by over 11.5 per cent over a year andthreepercentinthepastmonth.

Concerns over rice production in the kharif season due to inadequate rainfall in the major growing states of Bihar (-40 percent cumulative deficit), Jharkhand (-44 per cent deficit), Odisha (-15 per cent deficit) and excess rains in other major states like Punjab (+52 per cent) and Haryana (+65 per cent), have played a part in the Government’sdecision.

m.v. “OOCL GENOA” V- 064

The above vessel is arriving at GTI on 24/07/2023 with Import Cargo in containers.

Consignees are requested to obtain DELIVERY ORDERS on presentation of ORIGINAL BILLS of LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same. Consignees will please note that the Carriers and/or their Agents are not bound to send Individual Notifications regarding the arrival of the vessel or the goods.

For detailed information on cargo availability please contact our office.

For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444

Container Movement to : OCEAN GATE CONTAINER TERMINAL PVT. LTD.

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