Govt may relax export ban on non-basmati white rice amid surplus, says Pralhad Joshi
Live MintNew Delhi: The Indian government is looking at relaxing its year-old export ban on non-basmati white rice amid surplus stock and a significant surge in paddy sowing, said union minister for consumer affairs, food and public distribution Pralhad Joshi. Rice exports during April-June fell by nearly 34% to 3.2 million tonnes after the export of non-basmati white rice was restricted last July. According to commerce ministry data, exports of non-basmati white rice plunged 78% to about 300,000 tonnes, while broken rice exports fell by 8% to 300,000 tonnes and parboiled rice exports dropped 11% to 1.5 mt. Vijay Setia, former president of the All India Rice Exporters Association, said, “By banning rice exports, the government has successfully controlled ‘rice inflation’, and now it's time to re-evaluate the policy in the changing scenario of comfortable rice availability.” According to the latest data from the agriculture ministry, the paddy sowing area increased by 16% to 39 million hectares, and pulses sowing area increased by 7% to 12 million hectares as of 23 August.