![In FY23, rice exports might decrease by 25%.](https://market-tracker.in/wp-content/uploads/2022/09/untitled-design-9-1-16437230873x2-1-1.jpg)
In FY23, rice exports might decrease by 25%.
Due to the ban on the export of broken rice and the 20% export tax on some varieties of non-basmati rice, India’s rice exports are predicted to fall by 4-5 million tonnes (mt) in the current fiscal year from a record 21 mt in 2021–22. According to V Krishna Rao, president, of All India Rice…