The government has approved the export of 75,000 tons of non-basmati white rice to the UAE.
Though non-basmati white rice exports were banned on July 20 to boost domestic supply, exports are permitted on the basis of government permission granted to other countries to meet their food security needs and on request.
On September 25, the Indian government announced that 75,000 tonnes of non-basmati white rice could be exported to the UAE.
The export is permitted through National Cooperative Exports Limited (NCEL), according to a notification from the Directorate General of Foreign Trade (DGFT).
Though non-basmati white rice exports were prohibited on July 20 in order to increase domestic supply, exports are permitted on the basis of permission granted by the government to other countries to meet their food security needs and on request.
Earlier this month, the government approved 1.43 lakh tonnes of non-basmati white rice exports to Bhutan, Mauritius, and Singapore.
The DGFT had reported that 79,000 tonnes of non-basmati white rice had been exported to Bhutan, 14,000 tonnes to Mauritius, and 50,000 tonnes to Singapore.
Meanwhile, the head of a United Nations agency recently stated that India’s rice export ban is raising global prices, increasing the risk of political instability in Asia and Africa, according to Bloomberg.
Prices for the crop, which is a staple for half the world, soared to their highest level in nearly 15 years after the top shipper began limiting exports. In the last three years, India accounted for nearly 40% of global rice trade. Soaring grain prices are fueling fears of food insecurity for billions of people in Asia and Africa who rely on it.
