google.com, pub-4085930591796173, DIRECT, f08c47fec0942fa0 20% export duty on parboiled rice; MEP on basmati coming - The times of india - News in English - Get Latest News, Headlines and Today's Breaking News

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Saturday, 26 August 2023

20% export duty on parboiled rice; MEP on basmati coming

The government is initiating fresh measures to ensure that rice prices remain under control and overall inflation comes down. On Friday, the Centre imposed 20% export duty on parboiled rice (rice partially boiled with husk), barely a week after imposing 40% duty on exports of onion. Besides, it is expected to notify a minimum export price (MEP) for basmati rice, pegged at $1,200 (Rs 99,000) a tonne.

from Times of India https://ift.tt/tZ7YFyz

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