Ludhiana MP Arora urges Centre to abolish minimum export price on Basmati rice
6 months, 3 weeks ago

Ludhiana MP Arora urges Centre to abolish minimum export price on Basmati rice

Hindustan Times  

Rajya Sabha member Sanjeev Arora has written to the Centre seeking immediate consideration and intervention in abolishing minimum export price imposed on Basmati rice. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} In the letters marked to Union minister of commerce and industry Piyush Goyal, minister of agriculture and farmers’ welfare Shivraj Singh Chouhan and minister of consumer affairs, food and public distribution Pralhad Joshi, he mentioned that the farmers of Punjab producing Basmati rice are grappling with significant challenges affecting their livelihood and the overall agricultural economy. {{^usCountry}} {{/usCountry}} Raising the issue of low returns in mandis of the state, Arora said the average price at which farmers are selling their Basmati rice in Mandis stands at ₹2,500 per quintal. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Citing impact of MEP capping, Arora said the central government’s capping MEP has also contributed to the financial strain on farmers before requesting for immediate resolution to the issue.

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History of this topic

Govt working out scheme to prevent distress sale of farmers’ produce: Agri Min Shivraj Singh
1 month, 1 week ago

Govt working out scheme to prevent distress sale of farmers’ produce: Agri Min Shivraj Singh

Live Mint  

New Delhi, Feb 22 Union Agriculture Minister Shivraj Singh Chouhan on Saturday said the government is working out measures to ensure that farmers do not have to sell their produces, especially fruits and vegetables, at throwaway prices. Chouhan said the government is holding discussions with farmers directly as well as through their organisations to understand the problems and then making …

‘Wholesale rice prices likely to go down by February’
2 months, 1 week ago

‘Wholesale rice prices likely to go down by February’

The Hindu  

With the prices of paddy going down this year as compared to last year, rice millers say this will augur well for consumers. “Wholesale rice prices should go down by ₹3-4 per kilo by February when the milled rice reaches the markets. This should also reflect in retail prices where the decrease would most likely be by ₹1–2 per kilo,” …

Shivraj Chouhan assures MSP for all farm produce amid farmers' Delhi march
3 months, 3 weeks ago

Shivraj Chouhan assures MSP for all farm produce amid farmers' Delhi march

Hindustan Times  

Amid farmers' protests and their large-scale mobilisation to the national capital, Union agriculture minister Shivraj Singh Chouhan on Friday told the Rajya Sabha that the Narendra Modi government would purchase all farm produce at the minimum support price. Union Minister Shivraj Singh Chouhan speaks in the Rajya Sabha during the Winter session of Parliament in New Delhi on Friday. I …

Indian farmers face profitability challenges as input costs rise 6.1%, outpacing MSP growth of 5.36%: Infomerics Ratings
4 months ago

Indian farmers face profitability challenges as input costs rise 6.1%, outpacing MSP growth of 5.36%: Infomerics Ratings

Live Mint  

New Delhi: India’s rice sector, which contributes 35% to global rice trade, faces profitability challenges despite record production of 137.8 million tonnes in FY 2023–24, according to a rice ondustry Outlook for 2024 released by Infomerics Ratings on Wednesday. Sustainable practices and cost management are essential for India to maintain its leadership in global rice trade while safeguarding domestic food …

Basmati arrival up in mandis, prices down
5 months, 3 weeks ago

Basmati arrival up in mandis, prices down

Hindustan Times  

The arrivals of premium aromatic grain basmati in the mandis of Punjab is higher than the previous season by at least 10% but the price it has been fetching is less by one-third than the price at which the produce was sold last season. So far, 4.81 lakh tonnes of basmati has arrived in the state’s mandis which correspondingly last …

Government lifts ban on export of non-basmati white rice
6 months ago

Government lifts ban on export of non-basmati white rice

The Hindu  

The Union government has decided to allow exports of non-basmati white rice with immediate effect, reversing last July’s ban on such exports. According to a notification of the Department of Commerce issued on Saturday, non-basmati white rice has been removed from the prohibited list for exports to free with immediate effect, subject to the minimum export price. Trade revival B.V. …

Breaking News: Boost for Farmers as Modi Govt Increases Onion and Basmati Rice Exports | ABP News
6 months, 2 weeks ago

Breaking News: Boost for Farmers as Modi Govt Increases Onion and Basmati Rice Exports | ABP News

ABP News  

The Indian government has recently lifted the Minimum Export Price restrictions on onions and basmati rice, which were previously imposed to control domestic prices. Previously, the government had set the MEP at $550 per ton for onions and $950 per ton for basmati rice. These limits prevented the export of onions and basmati rice at prices lower than the set …

Centre lifts minimum export price cap on onion, basmati rice to boost farmer income
6 months, 2 weeks ago

Centre lifts minimum export price cap on onion, basmati rice to boost farmer income

India Today  

The government on Friday scrapped the minimum price thresholds for onion and basmati rice to boost outbound shipments and enhance farmers' income. The decisions, including removal of the Minimum Export Price on both onion and basmati rice and a cut in the export duty, came ahead of assembly elections in Maharashtra and Haryana. According to a communication from the Department …

Punjab: Basmati growers’ body calls for minimum export price waiver as int’l sales plummet
6 months, 3 weeks ago

Punjab: Basmati growers’ body calls for minimum export price waiver as int’l sales plummet

Hindustan Times  

The basmati exporters association has urged the Agricultural and Processed Food Products Export Development Authority to waive the minimum export price on basmati rice in wake of the recent dip in international sales and price crash. “Despite the reduction, the export price is very high which is driving away international buyers,” said Ashok Sethi, director, basmati exporters association. {{^userSubscribed}} {{/userSubscribed}} …

Chouhan blames past Cong. governments for problems in agriculture sector
7 months, 4 weeks ago

Chouhan blames past Cong. governments for problems in agriculture sector

The Hindu  

Union Agriculture Minister Shivraj Singh Chouhan said on August 2 that the “anti-farmer mentality” of the past Congress governments was the reason for the problems plaguing the agriculture sector at present. “Anti-farmer mentality is in the DNA of the Congress,” he said and alleged that former Prime Minister Jawaharlal Nehru wanted to implement the “Russian model” of agriculture in India, …

Clarify pricing and modality, Bargarh farmers urge elected representatives
9 months, 2 weeks ago

Clarify pricing and modality, Bargarh farmers urge elected representatives

New Indian Express  

BARGARH : With the new BJP government now in place in Odisha, the farmers of Bargarh district are eagerly awaiting a clarification on the promised increase in Minimum Support Price for paddy to ` 3100. Subsequently, on Tuesday, the farmers of 12 blocks in the district under the banner of Sanjukta Krushak Sangathan launched ‘Mandi Ku Chala Abhiyan’ campaign to …

Rice prices up by 10-20% in wholesale market due to lower production
9 months, 3 weeks ago

Rice prices up by 10-20% in wholesale market due to lower production

Hindustan Times  

Navi Mumbai: It’s now time for rice to pinch the pocket. Traders at the Agricultural Produce Market Committee market in Vashi attributed the price rise to lower rainfall and dry weather last year, which led to lower rice production. APMC market in Vashi attributed the price rise to lower rainfall and dry weather last year, which led to lower rice …

What are the regulations with respect to rice prices? | Explained
1 year, 1 month ago

What are the regulations with respect to rice prices? | Explained

The Hindu  

February 09, 2024 08:30 am | Updated 11:45 am IST The story so far: The Indian government recently made it mandatory for all traders, wholesalers, retailers, and millers to declare their respective rice stocks. In the year 2022-2023, India produced 135 million tonnes of rice, which is 62.84 lakh tonnes higher than the previous year. While Basmati rice prices are …

Indian rice exporters expect to face challenges due to policy risks, high prices in 2024
1 year, 2 months ago

Indian rice exporters expect to face challenges due to policy risks, high prices in 2024

The Hindu  

Indian rice exporters anticipate 2024 to be a challenging year marked by policy uncertainties and elevated local prices, hindering the normalisation of rice exports from the country. According to S&P Global Commodity Insights, the Indian Government's policy intervention in 2023, including banning non-Basmati white rice exports, imposing a 20 per cent duty on parboiled rice exports, and setting a minimum …

Basmati export price may rise due to Red Sea unrest
1 year, 3 months ago

Basmati export price may rise due to Red Sea unrest

Live Mint  

NEW DELHI : Basmati rice export prices are likely to rise by about 20% due to rising logistics costs caused by trade route disruptions in the Red Sea region, two people with direct knowledge of the matter said. Raising a concerns over the fate of trade, former president of Rice Exporters Association, Vijay Setia, said: “Due to the ongoing disturbances, …

Data recap: Air quality, IT hiring, rice exports, and more
1 year, 5 months ago

Data recap: Air quality, IT hiring, rice exports, and more

Live Mint  

Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The union government has reportedly decided to slash the minimum export price for basmati rice from $1,200 a tonne to $950 a tonne, while Paytm founder and chief executive officer …

Govt cuts basmati rice export floor price to $950 per tonne
1 year, 5 months ago

Govt cuts basmati rice export floor price to $950 per tonne

Live Mint  

The Union government has decided to cut the minimum export price it set for basmati rice, a person aware of the development said, following complaints by traders that overseas shipments had become unviable. The government, which imposed a floor price of $1200 a tonne for overseas shipments in August to cool domestic prices, approved a decision to reduce it to …

Basmati traders to go on strike as Centre keeps floor price unchanged
1 year, 5 months ago

Basmati traders to go on strike as Centre keeps floor price unchanged

Hindustan Times  

After the Union government refused to accept the demand of the rice exporters to bring down the minimum export price of aromatic long-grained basmati rice to US $ 850 per tonne from $1,200, the rice exporters and traders of Haryana have declared an indefinite strike from Sunday, following which they will not procure paddy from the farmers and mandis. The …

Basmati rice exporters express ‘shock’ over curbs, demand urgent solution
1 year, 7 months ago

Basmati rice exporters express ‘shock’ over curbs, demand urgent solution

The Hindu  

After the Centre imposed restrictions on the export of the aromatic, long-grain basmati rice, the rice exporters in Punjab have criticised the move, saying the decision has put the rice export sector in disarray and that it would result in huge financial losses. The Union Commerce Ministry, last week, directed the Agricultural and Processed Food Products Export Development Authority, the …

Centre imposes conditional curbs on basmati rice export
1 year, 7 months ago

Centre imposes conditional curbs on basmati rice export

Hindustan Times  

The Union government has temporarily halted export of any basmati rice consignment being sold overseas for less than $1200 a tonne, while shipments contracted above that price threshold will continue to be allowed, according to an order issued on Saturday. The new measure temporarily halts all basmati rice exports contracted at a price lower than $1200 a ton The move …

Anna Bhagya: Govt to bid for rice from Central govt. agencies
1 year, 9 months ago

Anna Bhagya: Govt to bid for rice from Central govt. agencies

The Hindu  

The Karnataka government has proposed to procure rice from the Central government’s National Cooperative Consumers Federation, National Agricultural Cooperative Marketing Federation, and Central Bhandar, and its availability and price will be known in a week’s time, said Minister for Food and Consumer Affairs K.H. Speaking to The Hindu after a high-level meeting with Chief Minister Siddaramaiah and other officials, Mr. …

Basmati prices escalate in Haryana as market widens
2 years, 4 months ago

Basmati prices escalate in Haryana as market widens

Hindustan Times  

: The prices of the traditional basmati varieties of paddy in Haryana have registered a hike for the first time in several years, reaching over ₹ 6,000 per quintal, mainly due to the government agency HAFED foraying into the market and breaking the monopoly of private traders. Basmati prices escalate in Haryana as market widens With the harvesting of the …

India amends policy on rice export: Understanding the rationale behind it
2 years, 6 months ago

India amends policy on rice export: Understanding the rationale behind it

Firstpost  

The changes have been done keeping in mind the need to support the ethanol-blending programme that saves costly oil imports and help the animal husbandry and poultry sectors by reducing the cost of animal feed that has a bearing on the price of milk, meat and eggs New Delhi: The recent changes in India’s rice exports policy have been done …

Rice exports may fall by 4-5 MT post ban on broken rice, 20% duty, say exporters
2 years, 6 months ago

Rice exports may fall by 4-5 MT post ban on broken rice, 20% duty, say exporters

The Hindu  

India’s rice exports could fall by 4-5 million tonnes this fiscal year due to the ban on broken rice as well as export duty on non-basmati rice, except for parboiled grains, exporters said. “The exports may fall to 16-17 MT in this financial year because of the ban on broken rice and 20% export duty,” All India Rice Exporters Association …

India bans export of broken rice with aim to increase domestic supplies
2 years, 6 months ago

India bans export of broken rice with aim to increase domestic supplies

Firstpost  

The government on Thursday imposed a 20 per cent export duty on non-basmati rice, except for parboiled rice, to boost domestic supplies amid a fall in area under the paddy crop in the current Kharif season New Delhi: After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim …

India imposes 20% export duty on non-Basmati rice
2 years, 6 months ago

India imposes 20% export duty on non-Basmati rice

The Hindu  

The Centre on Thursday imposed an export duty of 20% on rice, brown rice, and semi-milled as well as wholly milled rice except for parboiled rice to boost domestic supplies, effective September 9. The Central Board of Indirect Taxes & Customs further said the export of ‘semi-milled or wholly-milled rice, whether or not polished or glazed‘ will also attract a …

Ahead of harvesting, Haryana basmati exporters seek lower market levies
2 years, 7 months ago

Ahead of harvesting, Haryana basmati exporters seek lower market levies

Hindustan Times  

Concerned over the rise in the prices of basmati varieties of paddy, rice traders from Haryana have urged the government for a reduction of levies imposed on buying long-grained aromatic rice from Agriculture Produce Market Committees of the state. “The higher levies of 6.5 percent bite into the margins of traders of the state and they won’t be able to …

Farmers Protest: The MSP conundrum for Punjab, Haryana farmers - What govt data shows
4 years, 3 months ago

Farmers Protest: The MSP conundrum for Punjab, Haryana farmers - What govt data shows

India TV News  

Farmers Protest: The MSP conundrum for Punjab, Haryana farmers - What govt data shows Protesting farmers are apprehensive that the new farm laws will dismantle the Minimum Support Price system and corporatise the agriculture sector. However, data shows that the Centre has procured more paddy and wheat on MSP in the last five years from Punjab and Haryana farmers. While …

MP CM announces Re 1 per kg wheat, rice and salt to 37 lakh poor, opposition calls it vote politics
4 years, 7 months ago

MP CM announces Re 1 per kg wheat, rice and salt to 37 lakh poor, opposition calls it vote politics

Hindustan Times  

Madhya Pradesh chief minister Shivraj Singh Chouhan on Wednesday announced Re 1 per kg wheat, rice and salt for as many as 37 lakh such poor people across the state not covered under the national food security scheme till now, as per an official statement. MP CM Shivraj Singh Chouhan’s move is aimed to provide ration to poor people without …

Agriculture sector: Export of non- Basmati rice decline by 37 per cent
5 years, 6 months ago

Agriculture sector: Export of non- Basmati rice decline by 37 per cent

India TV News  

Rising domestic rice prices have affected exports this year with shipment of the non-Basmati variety falling about 37 per cent or 10 lakh tonnes, over the previous year. Though Basmati rice exports have also declined 1.5 per cent, but experts don't suggest price as reason behind it. Arvind Kumar Gupta, Director of the Basmati Export Development Institution that comes under …

India's rice export prices up four-month peak on rising procurement costs; Thailand rates dip on fall in demand
6 years, 3 months ago

India's rice export prices up four-month peak on rising procurement costs; Thailand rates dip on fall in demand

Firstpost  

While the December-January period is usually the rice harvest season, this year, there has been a delay in harvesting in some parts of the country, a trader in Bangkok said. Bengaluru: Rice export prices in India rose for a second straight week to the highest in four months on higher procurement costs for paddy, while Thai rates eased with no …

Govt to give 5% subsidy for non-basmati rice exports for four months; move to help keep local prices steady
6 years, 4 months ago

Govt to give 5% subsidy for non-basmati rice exports for four months; move to help keep local prices steady

Firstpost  

The government will give a subsidy of 5 percent for non-basmati rice exports for the four months to 25 March, 2019, the trade ministry said in the order dated 22 November. Mumbai: India, the world’s biggest rice exporter, will give incentives for non-basmati rice shipments to help boost flagging overseas sales, the government said in an order reviewed by Reuters. …

A grim Diwali for farmers as new MSP policy fails to cheer them
6 years, 4 months ago

A grim Diwali for farmers as new MSP policy fails to cheer them

Live Mint  

New Delhi: The June of 2017 marked an inflection point in Indian agriculture. Firstly, it promised that henceforth MSPs will be fixed to ensure at least 50% returns on production cost to farmers and secondly, it pledged to ensure effective price support-based procurement of pulses and oilseeds, going beyond the usual rice and wheat purchased by the government for the …

Farmers hit as prices of kharif crops plunge below MSPs
6 years, 5 months ago

Farmers hit as prices of kharif crops plunge below MSPs

Live Mint  

Wholesale prices of just-harvested kharif crops are trading at lower than minimum support prices, despite the government’s promise to ensure better prices for farmers. The latest farm gate price of moong is not only less than this year’s MSP but also less than the MSP of last year and production costs estimated at ₹ 4,650 per quintal. In Madhya Pradesh’s …

Haryana: Poor monsoon predictions worry paddy growers
9 years, 9 months ago

Haryana: Poor monsoon predictions worry paddy growers

Hindustan Times  

The meteorological department's prediction of below-average rainfall this year between June and September has raised the concern among paddy growers in the state, who are already reeling under crop losses due to the unseasonal rainfall, which has damaged the rabi crops. HT Image The prediction of poor rainfall will not only affect the farmers, but also rice production in the …

Shivraj Chouhan blames Centre for farmers' plight
11 years, 1 month ago

Shivraj Chouhan blames Centre for farmers' plight

Firstpost  

Chouhan said in a tweet that he was extremely worried due to untimely rains and hailstorm in many parts of the state and added that he was undertaking an extensive survey to estimate the loss caused to crops. Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan today accused the Central government of being insensitive towards the plight of farmers whose …

Lack of proper marketing may lead to glut in basmati procurement: Experts
11 years, 4 months ago

Lack of proper marketing may lead to glut in basmati procurement: Experts

Hindustan Times  

Inspite of a successful season for Basmati growers owing to better paddy procurement this year, both the farming fraternity and state government remain apprehensive about the same trend to die down in recent future. If agriculture experts are to be believed, more farmers will go for basmati varieties in coming seasons and such trend may result in glut of basmati …

Punjab Wants To Export Wheat, Rice Via Wagah To Iran, Iraq
13 years, 5 months ago

Punjab Wants To Export Wheat, Rice Via Wagah To Iran, Iraq

India TV News  

Amritsar, Oct 7: Punjab Deputy Chief Minister Sukhbir Singh Badal today demanded that the state's farmers be allowed to export wheat and rice to Gulf countries through the Attari-Wagah border. Addressing a press conference here, he said there was a great demand for Indian wheat and Basmati rice in Gulf countries especially in Iran, Iraq and Afghanistan and Punjab farmers …

Non-basmati export ban up for review
16 years, 2 months ago

Non-basmati export ban up for review

Live Mint  

New Delhi: The government will review a ban on the shipment of non-basmati rice in the first week of February, and may also provide some relief to basmati exporters. However, Pawar said he, along with commerce minister Kamal Nath, would meet Prime Minister Manmohan Singh to discuss issues relating to the export of basmati rice. The Union government had in …

Govt to review ban on non-basmati in Feb; relief for basmati
16 years, 2 months ago

Govt to review ban on non-basmati in Feb; relief for basmati

Live Mint  

By PTI New Delhi: India will review a ban on the shipment of non-basmati rice in the first week of February and may also provide some relief to basmati exporters. However, Pawar said he, along with commerce minister Kamal Nath, would meet Prime Minister Manmohan Singh to discuss issues relating to the exports of basmati rice. The Centre had in …

Govt bans non-basmati exports, cuts incentive
17 years, 5 months ago

Govt bans non-basmati exports, cuts incentive

Live Mint  

New Delhi: In a double blow to Indian rice exporters, not only has the government banned the export of non-basmati rice but it has also cut a key export incentive, known as duty entitlement pass book rate, by half, from 3% of export revenue to 1.5%. But non-basmati also includes premium varieties of rice, which are not procured for public …

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