The government’s ban on broken rice exports and restrictions on other grades of the cereal comes amid export gains that were at a multi-year high, shows a Business Standard analysis of trade data.
While India’s exports of broken rice jumped 90.2 per cent to $1.1 billion in the financial year 2021-22 (FY22), they had been $595.7 million in FY21. The share of broken rice in overall rice exports had risen from 6.7 per cent in FY21 to 11.7 per cent in FY22 (chart 1).
India exports rice to at least 164 countries. Iran was the biggest destination in FY22, accounting