India Allows Export Of 75,000 Tons Of Non-Basmati White Rice To The UAE

 

The Government of India has recently made a significant decision to permit the export of 75,000 tons of non-basmati white rice to the United Arab Emirates (UAE). This move comes at a time when India had imposed restrictions on the export of non-basmati white rice, aiming to bolster domestic supplies amidst concerns over inflation and the unpredictability of the monsoon season. The Directorate General of Foreign Trade (DGFT) made this announcement on Monday, signaling a shift in India’s export policies.

Export Channel Through National Cooperatives Exports Limited

The export of non-basmati white rice to the UAE will be facilitated through the National Cooperatives Exports Limited (NCEL). NCEL plays a crucial role in ensuring the smooth execution of India’s export initiatives, and its involvement in this endeavor underscores the government’s commitment to balancing domestic and international demands for essential food commodities.

Prioritizing Food Security of Vulnerable Countries

While India has temporarily halted non-basmati white rice exports for domestic reasons, it continues to prioritize its commitments to food security in vulnerable countries and neighboring nations. The Director General of Foreign Trade (DGFT), Santosh Kumar Sarangi, emphasized that the Indian government remains dedicated to providing the necessary quantity of rice or wheat when requested by food-insecure countries. This policy reflects India’s role as a responsible global player in addressing hunger and food shortages.

Check here:India bans export of non-basmati white rice

Expanding Export Horizons

The recent decision to export non-basmati rice to the UAE is part of a broader strategy to extend exports to countries in need. In the previous weeks, India allowed the export of 3 lakh tonnes of wheat to Nepal and 14,184 tonnes to Bhutan. Additionally, non-basmati rice exports were permitted to Bhutan (79,000 tonnes), Mauritius (14,000 tonnes), and Singapore (50,000 tonnes) through NCEL. These measures indicate India’s willingness to collaborate with neighboring nations and fulfill their food security requirements.

Authorized Wheat and Non-Basmati Rice Exports from India to Various Nations:

Destination

Wheat (Tonnes) Non-Basmati Rice (Tonnes)
Nepal 300,000
Bhutan 14,184 79,000
Mauritius 14,000
Singapore 50,000

A Policy for Broken Rice and Grains

In an effort to bolster the domestic supply of essential grains, the Indian government implemented export bans on various food items. Broken rice exports were restricted to Senegal (5 lakh tonnes), Gambia (5 lakh tonnes), Indonesia (2 lakh tonnes), Mali (1 lakh tonnes), and Bhutan (48,804 tonnes). These measures were introduced to ensure an adequate supply of grains within the country, particularly as inflation, especially food inflation, persisted above the Reserve Bank of India’s (RBI) target range of 2-6%.

Restrictions on Broken Rice Exports by India to Different Countries:

Country Restricted Broken Rice Exports (tonnes)
Senegal 500,000
Gambia 500,000
Indonesia 200,000
Mali 100,000
Bhutan 48,804

India’s Delicate Balancing Act: Exporting Non-Basmati White Rice to the UAE

The Government of India’s decision to permit the export of non-basmati white rice to the UAE represents a calculated balancing act between domestic needs and international commitments. While safeguarding domestic supplies remains a priority, India continues to honor its commitments to food-insecure nations and neighboring countries, reaffirming its status as a responsible global player in the food security arena.

Find More International News Here

 

 

Saurabh

Recent Posts

Noise Acquires Women’s Wellness Platform SocialBoat to Bolster Smart Ring Innovation

Leading smartwatch and connected lifestyle brand, Noise, has announced the acquisition of the AI-powered women's…

16 mins ago

Which District of Uttar Pradesh is Known as “The Orange City”?

Uttar Pradesh, known for its rich and diverse culture, is a state that boasts ancient…

17 mins ago

HSBC and SBI Acquire Stakes in CCIL IFSC

HSBC and State Bank of India (SBI) have made strategic investments in CCIL IFSC Limited,…

18 mins ago

HDFC Bank Exits Protean eGov Tech, Sells Entire Stake

HDFC Bank divested its entire 3.20% stake in Protean eGov Technologies, amounting to 12,94,326 shares,…

1 hour ago

Jenny Erpenbeck’s ‘Kairos’ Wins International Booker Prize

German author Jenny Erpenbeck and translator Michael Hofmann have won the prestigious International Booker Prize…

2 hours ago

Which District is Called “The Gateway to Uttar Pradesh”?

Uttar Pradesh, with its 75 districts, is one of the most culturally rich and historically…

2 hours ago