Saturday, August 26, 2023

20% export duty on parboiled rice; MEP on basmati coming

The government is initiating fresh measures to ensure that rice prices remain under control and overall inflation comes down. On Friday, the Centre imposed 20% export duty on parboiled rice (rice partially boiled with husk), barely a week after imposing 40% duty on exports of onion. Besides, it is expected to notify a minimum export price (MEP) for basmati rice, pegged at $1,200 (Rs 99,000) a tonne.

from Times of India https://ift.tt/XcfamDI
via IFTTT

No comments:

Post a Comment

Antigua removed rats, goats; Redonda’s vegetation surged 2,000% by 2023

from Times of India https://ift.tt/nY1Qt4g via IFTTT