New Delhi: India has decided to lift the ban on exports of organic non-basmati rice, including broken rice, the Directorate General of Foreign Trade said in a notification on Tuesday. In early September, India banned the export of broken rice as the export policy was revised from “free” to “prohibited”. Besides, to boost domestic supplies, the Center had imposed 20 per cent export duty on non-basmati rice, except parboiled rice. The restrictions are now likely to be lifted following a reduction in prices following a reduction in domestic supplies.
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The ban on exports assumed significance at that time as it seemed that the total area sown to paddy this kharif season may be less than last year. This, the government thought, could impact both crop prospects as well as prices going forward.
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Farmers in India have sown less paddy this Kharif season. Kharif crops are mostly sown during the monsoon-June and July, and the produce is harvested during October and November. The primary reason for the decline in area sown can be attributed to the slow progress of monsoon in the month of June and its uneven spread in July in some of the major growing regions of the country.