Basmati Exports

Govt eases conditions for rice exports to some European countries

The requirement of a certificate is limited to EU member states, the ​United Kingdom, Iceland, Liechtenstein, Norway ‌and Switzerland, the ​notification said

Payments up to ₹25,000 crore pending: Basmati exporters amid Iran war

The ongoing conflict in West Asia has severely disrupted India's premium basmati rice exports, causing significant losses to traders and threatening the livelihoods of farmers.According to a Bhopal-based businessman, consignments of Premium 1121 Basmati rice are currently stuck at ports, with payments worth Rs 2,000 crore to Rs 25,000 crore pending.A businessman from Bhopal speaking to ANI said, "...The Premium 1121 Basmati rice, which we used to export, is currently being held at the ports. If this situation continues, Indian traders will face significant losses. Our payments, ranging from Rs 2,000 crores to Rs 25,000 crores, are pending and have not been received, causing difficulties for the traders. The government is currently taking its own measures, and if the situation persists, farmers will also face problems in the future...."On Wednesday, an all-party meeting, convened by the government on the West Asia crisis, was held. The meeting was chaired by Defence Minister Rajnath ...

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

International freight rates have risen by an estimated 15-20 per cent, while war-risk surcharges and insurance premiums for Gulf-bound shipments have increased significantly

West Asia conflict: Iran stepped up basmati imports under war cloud

The rise in shipments to Iran may also be linked to demand during Ramzan, which began in mid-February

400,000 tonnes of Indian basmati stuck at ports, in transit amid Iran war

Exporters have already moved stocks to ports, but cannot ship to the Middle East because of rising container freight costs, and no alternative market can absorb the volume

India's rice exporters hope to boost shipments to US after tariff cut

Exporters expect improved competitiveness and higher shipments to the US after the proposed reduction in American tariffs on Indian goods to 18 per cent from 50 per cent

India rejects US dumping claim, says basmati rice exports are premium-grade

India, the world's largest rice exporter, shipped 20.2 million metric tons of rice in the 2024/25 financial year ending in March, including 335,554 tons to the United States

Is your rice toxic? Experts explain arsenic risks and how to stay safe

Recent reports reveal dangerously high arsenic in US rice; experts advise safer rice varieties, alternative grains, and better cooking techniques to reduce health risks

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Centre lifts ban on export of non-basmati white rice, traders hail move

The Centre lifted the ban on the export of non-basmati white rice on Friday with immediate effect, according to a notification. In July 2023, the government imposed the ban to ensure the domestic supply of rice and keep prices under control. Exporters hailed the decision, dubbing it a "game-changer" for the sector. "India's bold decision to lift restrictions on non-basmati white rice exports is a game-changer for the agricultural sector," said Rice Villa CEO Suraj Agarwal. "This strategic move will not only boost the income of exporters but also empower farmers, who can expect higher returns with the impending arrival of the new kharif crop," he said. The government has also reduced the export duty on parboiled rice to 10 per cent from 20 per cent, the notification said. Another rice exporter, Keshab Kr Halder of Halder Group who was seeking immediate removal of the ban lauded the government's move.

India's basmati rice exports surge after decision to remove floor price

India and Pakistan are the only growers of premium-grade basmati rice, and the Indian restrictions helped Pakistan gain market share in some categories

Need to remove basmati rice floor price to boost shipments, say exporters

India and Pakistan, the only growers of basmati, both try to promote the premium grade of rice in a manner similar to French Champagne or Darjeeling tea

Govt plans to ease rice export curbs as stocks surge to record level

New Delhi is expected to lower the basmati rice's minimum export price (MEP) to $800-$850 a metric ton, down from $950 a ton, to boost shipments

Non-basmati rice bore the brunt of export restrictions imposed in 2023

Ministers to review rice export restrictions amid rising central pool stocks and growing ethanol demand as non-basmati traders hit hardest since curbs began in August 2023

Basmati rice exports rose 22% till February FY24 on West Asia demand

Exports increased to 4.68 MMT in April-February, from 4.1 MMT during the same period, rising 14% in volume

Govt allows export of 30,000 tonnes of non-basmati white rice to Tanzania

The government has permitted exports of 30,000 tonne of non-basmati white rice to Tanzania and 80,000 tonne of broken rice to Djibouti and Guinea Bissau. The export is permitted through National Cooperative Exports Limited (NCEL), the Directorate General of Foreign Trade (DGFT) has said in a notification. Though exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs on request. Tanzania is an East African nation, while Djibouti is at the northeast coast of the African continent. Guinea-Bissau is a tropical country in West Africa. According to the notification, exports of 30,000 tonne of broken rice are allowed to Djibouti and 50,000 tonne to Guinea Bissau. India has earlier also allowed these exports to countries like Nepal, Cameroon, Cote D' Ivore, Guinea, Malaysia, Philippines, and Seychelles. NCEL is a multi-

After curbs, non-basmati rice exports fell sharper than basmati rice

Data shows that though initially non-basmati rice exports remained unaffected but it started dropping soon thereafter

Commerce department takes stock as ongoing Red Sea crisis intensifies

About 15 per cent of world shipping traffic transits via the Suez Canal, the shortest shipping route between Europe and Asia

India exported 7.3 MT non-basmati, imported 1.9 MT pulses in Apr-Oct: Govt

India has exported 26.08 lakh tonnes of basmati rice and 73.18 lakh tonnes of non-basmati rice during the April-October period of this fiscal year. In a written reply to Lok Sabha, Agriculture Minister Arjun Munda shared export data of major foodgrains. As per the data, the exports of basmati rice stood at 45.61 lakh tonnes in the entire 2022-23 financial year while the shipments of non-basmati rice stood at 177.92 lakh tonnes. Exports of basmati rice stood at 44.15 lakh tonnes in 2018-19; 44.55 lakh tonnes in 2019-20; 46.30 lakh tonnes in 2020-21; and 39.44 lakh tonnes in 2021-22. The data showed that exports of rice (other than basmati) were at 76.48 lakh tonnes in 2018-19; 50.56 lakh tonnes in 2019-20; 131.49 lakh tonnes in 2020-21, and 172.89 lakh tonnes in 2021-22 fiscal. India's total rice production stood at 1,357.55 lakh tonnes in 2022-23 as against 1,294.71 lakh tonnes in the previous year. Rice output stood at 1,164.84 lakh tonnes in 2018-19; 1,188.70 lakh tonnes in 201

Farmers breathe sigh of relief as basmati prices increase

In India basmati production is estimated to be around 8-9 million tonnes of which more than half is exported annually