scorecardresearch
Friday, May 17, 2024
Support Our Journalism
HomeEconomyGovt not planning to restrict parboiled rice exports, says Food Secretary Sanjeev...

Govt not planning to restrict parboiled rice exports, says Food Secretary Sanjeev Chopra

Last month, the govt surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year.

Follow Us :
Text Size:

Mumbai: India is not considering imposing any restrictions on the exports of non-basmati parboiled rice, Food Secretary Sanjeev Chopra said on Tuesday.

Last month, India surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year.

“There is no proposal as of now to restrict parboiled rice exports,” Chopra said in response to questions about whether India was considering imposing an export tax or introducing a floor price for parboiled rice exports.

Currently, there are no restrictions on the exports of parboiled rice, which constitutes nearly a third of India’s total rice exports.

Chopra also said there is no proposal as of now to import wheat from Russia via diplomatic deals.

Last week government sources told Reuters that India is in talks with Russia to import wheat at a discount to surging global prices in a rare move to boost supplies and curb food inflation ahead of state and national elections next year.

Wheat stocks at government warehouses were at 28.3 million metric tons on Aug. 1, 20% below the 10-year average.

(Reporting by Mayank Bhardwaj; Writing by Rajendra Jadhav; Editing by Muralikumar Anantharaman, Kirsten Donovan)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular