Basmati

India's basmati rice exports surge after decision to remove floor price

India and Pakistan are the only growers of premium-grade basmati rice, and the Indian restrictions helped Pakistan gain market share in some categories

Punjab sees 12.58% growth in basmati cultivation area during kharif season

The Punjab government's crop diversification drive has helped the state increase basmati cultivation area by 12.58 per cent during this kharif season, Agriculture and Farmers Welfare Minister Gurmeet Singh Khudian said on Sunday. The cultivation of long-grain rice has expanded to 6.71 lakh hectares currently, a significant increase from 5.96 lakh hectares during the previous kharif season, the minister said. Giving district-wise statistics of basmati cultivation, Khudian said that Amritsar led the way with 1.46 lakh hectares dedicated to this aromatic rice. Following Amritsar were Muktsar with 1.10 lakh hectares, Fazilka with 84.9 thousand hectares, Tarn Taran with 72.5 thousand hectares, and Sangrur with 49.8 thousand hectares, showcasing maximum basmati cultivation in these districts. The state agriculture minister also highlighted a substantial 46.5 per cent growth in the area under Direct Seeding of Rice (DSR) compared to the previous year. The area cultivated using the ...

'Punjab aims 1 mn hectares under basmati crop in paddy sowing season'

Punjab Agriculture Minister Gurmeet Singh Khuddian on Wednesday said the state government aims to bring 10 lakh hectares under the basmati crop in the paddy sowing season. Khuddian, who was chairing a review meeting with the department officials here at his office, said around ten lakh hectares of area will be brought under the aromatic crop in 2024-25 against 5.96 lakh hectares last year. Taking cognizance of the favourable results of the direct seeding of rice (DSR) technique, Khudian also directed the department officials to pull up their socks to bring more area under the DSR. "To encourage maximum farmers to adopt the DSR technique, the Punjab government is providing Rs 1,500 per acre as financial aid to them," he said. He further informed that the department has planned to bring two lakh hectares of paddy (non-basmati) under this technique during the ongoing sowing season, which was 1.70 lakh hectares last year. The agriculture minister also reviewed the progress of ...

Basmati rice exports rose 22% till February FY24 on West Asia demand

Exports increased to 4.68 MMT in April-February, from 4.1 MMT during the same period, rising 14% in volume

Govt allows export of 30,000 tonnes of non-basmati white rice to Tanzania

The government has permitted exports of 30,000 tonne of non-basmati white rice to Tanzania and 80,000 tonne of broken rice to Djibouti and Guinea Bissau. The export is permitted through National Cooperative Exports Limited (NCEL), the Directorate General of Foreign Trade (DGFT) has said in a notification. Though exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs on request. Tanzania is an East African nation, while Djibouti is at the northeast coast of the African continent. Guinea-Bissau is a tropical country in West Africa. According to the notification, exports of 30,000 tonne of broken rice are allowed to Djibouti and 50,000 tonne to Guinea Bissau. India has earlier also allowed these exports to countries like Nepal, Cameroon, Cote D' Ivore, Guinea, Malaysia, Philippines, and Seychelles. NCEL is a multi-

After curbs, non-basmati rice exports fell sharper than basmati rice

Data shows that though initially non-basmati rice exports remained unaffected but it started dropping soon thereafter

No impact on company's basmati exports from price limit: LT Foods

LT Foods Ltd on Monday said the government's decision to impose a minimum export price on basmati rice at USD 1,200 per tonne will not impact the company's outward shipments. In a regulatory filing, the company asserted that the price limit does not have any "impact on the exports for LT Foods Ltd as the company mostly export premium and aged rice in our own trusted brands i.e. DAAWAT and Royal, the export price of which is mostly over and above the said minimum export price limit." The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice. In a statement on Sunday, the commerce ministry said it had directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne. Existing contracts below USD 1,200 per tonne have been kept in abeyance. A committee under the chairman of APEDA will be set up to evaluate future courses of ...

Basmati farmlands in Jammu adopt reaper tech to get rid of stubble menace

India's basmati-rich agriculture fields in Jammu and Kashmir's R S Pura border belt have adopted a new technology, wherein modified reapers are used to get rid of the menace of stubble burning. The department of agriculture (DoA) has introduced modified reapers to cut stubble and convert it into fodder. "The use of reapers will not only end farm fire and pollution but also create fodder for cattle," Manager, Seed Multiplication Farm Chakrohi, Rakesh Khanjuria told PTI. Khajuria said that use of new technology not only prevents pollution, farm fires and destruction of minerals in soil and insects, but creates fodder for cattle of the region and employment for the local youth. Officials said that the introduction of reapers to create fodder instead of pollution should be introduced not only in the entire J&K but also in Punjab and Haryana. "Delhi, Haryana and Punjab, where such incidents are increasingly taking place, should adopt this (reaper technology of stable chopping). It ...

Explained: How govt imposing curbs on rice exports will affect India

The restrictions were placed, because sowing has not been up to expectations on account of irregularities in rainfall

LT Foods Q4 net profit rises 2% to Rs 60 cr; stock falls 10%

Expenses were lower at Rs 1,058.12 crore as against 1,132.89 crore a year ago.

India defers certificate requirement for rice export to European countries

India deferred the requirement to July 1, 2021

Farm Bills impact: Punjab, Haryana cut market fee for basmati and cotton

Madhya Pradesh to give PM-KISAN beneficiaries additional Rs 4,000 per year

Twists and turns in MP-Punjab Basmati row, with little signs of an end

The issue is sensitive for the MP chief minister, especially in the light of the coming bypolls in the state's farming zone

Spurt in domestic, export demand pushes basmati price by 10% in a month

Demand shot up sharply since start of Unlock 1.0 as Stockists rushed to fill their pipelines amid uncertainty in market operations over exploding number of Covid-19 cases

Non-basmati exporters see opportunity amid Covid-19 as crops fail elsewhere

They are looking to tap exports in Africa, South East Asia as paddy crop in Tahiland and Vietnam fails, other exporting nations maintain buffer stocks

Basmati prices up 5% during 21-day lockdown even as exports take a huge hit

Exporters, however, are a worried lot as Iran, the top market for Indian basmati, is among the most-affected by the Covid-19 pandemic

Coronavirus in Iran takes a toll on basmati exports, domestic prices fall

The negative market dynamics are resulting in a downward basmati price trend on the bourses

Basmati exports to Iran back on track after embargo-induced roadblocks

Trigger provided by Centre's assurance ob sufficiency of funds in special rupee-denominated bilateral barter account

India to give 5% subsidy for non-basmati rice exports till March 25

India is the world's biggest rice exporter

Chinese officials to visit India to inspect non-basmati rice mills

A major rice market in the world, China currently allows import of basmati rice from India