Broken rice exports up 33% to 2.4 million tonnes in Apr-Sep FY23: Report

Exports of broken rice increased 33.37 per cent to 23.82 lakh tonne during April-September FY23 as against 17.86 lakh tonne in the year-ago period, Parliament was informed on Wednesday

Rice, broken rice, rice export
Press Trust of India New Delhi
2 min read Last Updated : Dec 07 2022 | 7:42 PM IST

Exports of broken rice increased 33.37 per cent to 23.82 lakh tonne during April-September FY23 as against 17.86 lakh tonne in the year-ago period, Parliament was informed on Wednesday.

Minister of State for Commerce and Industry Anupriya Patel said there has been a sudden increase in demand for the Indian broken rice in the international market due to geo-political reasons.

"India's exports of broken rice have increased from 17.86 Lakh MT in 2021-22(April- September) to 23.82 Lakh MT in 2022-23 (April-September), registering a growth of 33.37 per cent," she said in a reply to the Lok Sabha.

The minister added that the export has increased about three times in the last four years from 12.21 lakh tonne in 2018-19 to 38.90 lakh tonne in 2021-22 in volume terms.

In value terms also, shipments rose from USD 369.58 million in 2018-19 to USD 1.13 billion in 2021-22.

Broken rice is mainly used for ethanol production and as poultry and cattle feed.

Citing the first advance estimates for 2022-23, released by Directorate of Economics and Statistics, she said the production of rice is estimated to be lower than the target fixed for the current year.

"Therefore, in order to ensure adequate availability of broken rice in the domestic market, the government has prohibited export of broken rice with effect from September 9, 2022," Patel said.

In a separate reply, she said there is no proposal at this stage to offer export subsidies to pulse traders.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :rice exportParliament

First Published: Dec 07 2022 | 4:41 PM IST

Next Story