Close X
Sunday, November 24, 2024
ADVT 
India

India exported non-basmati rice worth $123 million in April-May

Darpan News Desk IANS, 07 Aug, 2024 12:58 PM
  • India exported non-basmati rice worth $123 million in April-May

New Delhi, Aug 7 (IANS) India exported non-basmati rice worth $ 122.7 million during April-May in the current financial year. The government is closely monitoring the production, availability and export situation to assess suitable policy intervention, as per Minister of State for Commerce and Industry Jitin Prasada's written reply to the Lok Sabha.

The non-basmati rice exports came down to $852.53 million in 2023-24, from $2.2 billion in 2022-23 and $2 billion in 2021-22, according to the data provided by the minister.

He also informed that the export of non-basmati white rice has been banned since July 20, 2023. However, export is allowed on the basis of permission granted by the government to friendly countries to meet their food security needs and based on the request of their government.

India has exported non-basmati rice to Maldives (1,24,218.36 MT), Mauritius (14,000 MT), Malawi (1,000 MT), Zimbabwe (1,000 MT), and Namibia (1,000 MT). MT is metric tonnes during the current financial year so far.

In 2023-24, the country exported rice to 17 countries including Bhutan (79,000 MT), Mauritius (14,000 MT), Singapore (50,000 MT), UAE (75,000 MT), Nepal (95,000 MT), Cameroon (1,90,000 MT), Cote d' Ivore (1,42,000 MT), Guinea (1,42,000 MT), and Malaysia (1,70,000 MT).

The other countries are Philippines (2,95,000 MT), Seychelles (800 MT), Comoros (20,000 MT), Madagascar (50,000 MT), Equatorial Guinea (10,000 MT), Egypt (60,000 MT), Kenya (1,00,000 MT), and Tanzania (30,000 MT).

In reply to another question, Prasada said that the Government has initiated the creation of Trade Connect ePlatform to connect Indian Exporters, MSMEs and Entrepreneurs with various stakeholders including Indian Missions Abroad, Export Promotion Councils, and other Partner Government Agencies.

The platform will provide information on trade events taking place in different parts of the world, benefits available due to India's Free Trade Agreements (FTAs) and other international trade-related information and data, he added.

He highlighted the details of various steps taken by the Ministry to promote Indian exports. These include the interest equalisation scheme on pre- and post-shipment Rupee export credit which has been extended up to 31-08-2024 with an additional allocation of Rs 2,500 crore.

Assistance has also been provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI). Besides, a rebate of State and Central Levies and Taxes Scheme to promote labour-oriented sector export has been put in place since 2019.

MORE India ARTICLES

CM's post in buzzing capital like Delhi not ceremonial, office holder has to be available 24x7: Delhi HC

CM's post in buzzing capital like Delhi not ceremonial, office holder has to be available 24x7: Delhi HC
Following a sharp rebuke to incarcerated Chief Minister Arvind Kejriwal and his government, along with the AAP-led MCD last week, the Delhi High Court on Monday said that Delhi Government has come to a standstill after the AAP supremo's arrest.

CM's post in buzzing capital like Delhi not ceremonial, office holder has to be available 24x7: Delhi HC

'Why did you not file an application for bail?': SC poser to CM Kejriwal

'Why did you not file an application for bail?': SC poser to CM Kejriwal
The Supreme Court on Monday questioned incarcerated Delhi Chief Minister Arvind Kejriwal, who has filed a petition challenging his arrest and subsequent custody by the Enforcement Directorate (ED) in the excise policy case, as to why he has not moved a bail application before the trial court.

'Why did you not file an application for bail?': SC poser to CM Kejriwal

Congress shared Amit Shah's fake video to disrupt elections: BJP delegation to EC

Congress shared Amit Shah's fake video to disrupt elections: BJP delegation to EC
New Delhi, April 29 (IANS) A delegation led by Union Minister Ashwini Vaishnaw on Monday approached the Election Commission of India (ECI) and filed a complaint against the Congress demanding stringent action over a doctored video involving Union Home Minister Amit Shah.

Congress shared Amit Shah's fake video to disrupt elections: BJP delegation to EC

Day not far when you will travel in bullet train, PM Modi tells Puneites

Day not far when you will travel in bullet train, PM Modi tells Puneites
Prime Minister Narendra Modi on Monday assured Punekars that it is his guarantee to the citizens of Maharashtra that the day is not far when they will travel in a bullet train.

Day not far when you will travel in bullet train, PM Modi tells Puneites

PM Modi ups ante against Congress, says Rajiv Gandhi abolished inheritance law to 'save own interests'

PM Modi ups ante against Congress, says Rajiv Gandhi abolished inheritance law to 'save own interests'
New Delhi, April 25 (IANS) Upping the ante against the Congress on the 'inheritance tax' issue, Prime Minister Narendra Modi on Thursday launched another scathing attack on the grand old party, saying it was former PM Rajiv Gandhi who abolished the inheritance law "to save their own interests" after the demise of his mother Indira Gandhi.

PM Modi ups ante against Congress, says Rajiv Gandhi abolished inheritance law to 'save own interests'

SC to pronounce its verdict on pleas seeking mandatory EVM-VVPAT tally on Friday

SC to pronounce its verdict on pleas seeking mandatory EVM-VVPAT tally on Friday
New Delhi, April 25 (IANS) The Supreme Court will, on Friday, pronounce its judgment on a batch of petitions seeking mandatory cross-verification of the votes cast in Electronic Voting Machines (EVMs) with Voter-Verifiable Paper Audit Trail (VVPAT) slips.

SC to pronounce its verdict on pleas seeking mandatory EVM-VVPAT tally on Friday