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Govt may review blanket ban on broken rice exports if procurement steadies

Exports may still face some curbs with the imposition of a duty instead of the complete ban that is currently in place, but matters are still at a discussion stage, say sources

Photo: Bloomberg
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Photo: Bloomberg

Shreya NandiSanjeeb Mukherjee New Delhi
With rice procurement progressing steadily and with prices starting to moderate, the Central government might review the ban on the export of broken rice, though an outright lifting is ruled out for now, two people aware of the development said.

Exports may still face some curbs with the imposition of a duty instead of the complete ban that is currently in place, but matters are still at a discussion stage, they added.

India, the largest exporter of broken rice, had imposed the ban in September to stabilise domestic prices and ensure the availability of the grain in the domestic market