Don’t miss the latest developments in business and finance.

GoM to decide on lifting export ban on certain non-basmati rice: Goyal

The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supply

Piyush Goyal, Piyush
According to the agriculture ministry's estimates, India's rice production is estimated at 136.7 million tonnes in 2023-24 compared to 135.75 million tonnes in the preceding year. (Photo: PTI)
Press Trust of India New Delhi
1 min read Last Updated : Jul 10 2024 | 10:01 PM IST

Union Commerce Minister Piyush Goyal on Wednesday said a Group of Ministers will take a decision on lifting the ban on certain varieties of non-basmati rice after considering demand-supply and price situation.

The Group of Ministers (GoM) always take a balanced decision, he added.

The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supply.
 

When asked if the government is considering the removal of ban on rice exports, he said: "These decisions are taken by a Group of Ministers. We meet periodically, assess the production of agri produce, the consumption patterns, price in the retail and wholesale market, and we take a balanced decision".

According to the agriculture ministry's estimates, India's rice production is estimated at 136.7 million tonnes in 2023-24 compared to 135.75 million tonnes in the preceding year.
 

Also Read

Topics :Exporttrade

First Published: Jul 10 2024 | 9:43 PM IST

Next Story