The government is initiating fresh measures to ensure that rice prices remain under control and overall inflation comes down. On Friday, the Centre imposed 20% export duty on parboiled rice (rice partially boiled with husk), barely a week after imposing 40% duty on exports of onion. Besides, it is expected to notify a minimum export price (MEP) for basmati rice, pegged at $1,200 (Rs 99,000) a tonne.
source https://timesofindia.indiatimes.com/business/india-business/govt-imposes-20-export-duty-on-parboiled-rice-mep-on-basmati-coming/articleshow/103094275.cms
20% export duty on parboiled rice; MEP on basmati coming
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August 26, 2023
Get To Know
August 26, 2023
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