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India's non-basmati rice export slumps 57% in September on duty hike

Basmati rice export in contrast up 5.7% despite MEP

rice, basmati
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Photo: Bloomberg

Sanjeeb Mukherjee New Delhi

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India’s non-basmati rice exports dropped by about 57 per cent in volume terms and 60 per cent in value in September this year as compared to the same month last year, following a slew of measures taken by the government.

However, the basmati rice exports rose almost 5.7 per cent in volume terms and 20.5 per cent in value in September 2023 as compared to the same month last year, according to the data from various agencies.
 
India, the world’s biggest rice exporter, imposed on August 26 an export duty of 20 per cent on parboiled rice and also imposed the

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