Indian Government Grants Approval for Non-Basmati Rice Exports

In a significant move, the Indian government has given the green light for the export of 1.34 million tonnes of Non-Basmati White Rice to seven countries. This export approval has been issued by the Directorate General of Foreign Trade (DGFT).

Recipient Countries

The approved exports are intended for seven countries, namely Nepal, Cameroon, Cote D’Ivoire, Republic of Guinea, Malaysia, Philippines, and Seychelles.

Export Quotas by Country

  • The Philippines will receive the largest quota, with up to 295,000 metric tonnes of non-Basmati white rice eligible for export.
  • Cameroon is allotted 190,000 metric tonnes.
  • Malaysia will import up to 170,000 metric tonnes.
  • Both Cote D’Ivoire and the Republic of Guinea will receive 142,000 metric tonnes each.
  • Nepal is set to receive 95,000 metric tonnes.
  • Seychelles will be supplied with 800 metric tonnes.

Export Management

The responsibility for executing these exports falls to the National Cooperative Export Limited.

Find More News on Economy Here

Piyush Shukla

Recent Posts

Important Days in December 2024, National and International Days

December, the last month of the year, is a month full of important days that…

17 mins ago

Who is Known as the Punjab Kesari?

"Punjab Kesari" means "The Lion of Punjab." This title is given to Lala Lajpat Rai,…

28 mins ago

India’s Historic Victory Over Australia: Breaking 47-Year Record

India scripted history, on November 25, 2024, with a massive 295-run victory against Australia in…

45 mins ago

FSIB Recommends Binod Kumar as MD & CEO of Indian Bank

The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, currently Executive Director of Punjab…

1 hour ago

PNB Joins PCAF, Strengthens Climate Action Commitments

Punjab National Bank (PNB), India's second-largest public sector bank, has become a signatory of the…

2 hours ago

COP29 Climate Talks End with $300 Billion Pledge

The United Nations Climate Change Conference (COP29) in Baku concluded with a controversial agreement to…

2 hours ago