Farmers in Punjab, Haryana, and western Uttar Pradesh sowed three new basmati rice varieties for the first time this Kharif season. These varieties have demonstrated potential since they are resistant to bacterial blight and blast diseases and require less pesticide application. According to a preliminary analysis by the Indian Agricultural Research Institute (IARI), Pusa, Delhi,…
The government increased the export tax on non-basmati “white” rice by 20% on Thursday, which is anticipated to reduce the overall export volume in the current fiscal year. The export tax will be in effect starting this Friday, according to a notification from the finance ministry. According to exporters, white rice accounted for over 60%…
The decline in rice crop yields in Thailand and Vietnam and their increased costs of production may turn out to be a bonanza for India’s rice exports in this fiscal year, trade sources said. India is exporting rice at around $360 a tonne to key markets at present while Thailand and Vietnam are offering the…
India’s rice exports would continue to see strong growth in this fiscal year(2022-23) after a record shipment of about 20 million tonne (MT) of grain worth more than $ 9.6 billion in past fiscal year(2021-22). The expectation of a ‘usual’ monsoon rains this year is expected to give a improve to rice production which is…
Non-basmati rice exports increased 27 per cent to touch $6.115 billion in the Financial year 2021-22, while it was $4.799 billion in last year. Since 2014, non-basmati rice exports have increased by 109 per cent. India exported rice to over 150 countries in Financial Year 2021-22, said, Directorate General of Commercial Intelligence and Statistics (DGCIS)….
