Monday, May 6, 2024

Government’s big decision amid rising inflation, know what was banned

India Rice Export: Amidst rising rice prices in the country, the Modi government at the Center has taken a big decision. The export of broken rice, or broken rice, has been outlawed by the government. A directive for this has also been issued by the government. In addition, the government has placed a 20 percent export levy on all rice other than usna rice.

Restrictions apply from today

Santosh Kumar Sarangi, director general of foreign trade, issued the notification. This states that “The export of broken rice has been prohibited as of today. September 9. Additionally, a 20% charge has been put on the export of certain grades. Indicate that, after China, India produces the most rice. 40% of the world’s rice commerce comes from India. In the current Kharif season, less land is now planted with paddy. In order to increase the domestic supply, the government has taken this action.

Paddy sown area decreased by 5.62%

According to the latest data from the Ministry of Agriculture, so far the sown area of ​​paddy has decreased by 5.62 percent to 383.99 lakh hectares in the current Kharif season. The area covered by paddy has shrunk as a result of lower rainfall in certain states across the nation. After China, India is the country that produces the most rice. 40% of the world’s rice commerce comes from India.

India exports rice to more than 150 countries

21.2 million tonnes of rice were exported from India in the fiscal year 2021–2022. 39.4 lakh tonnes of basmati rice were present. Broken Rice Export Ban Non-basmati rice exports during this time amounted to $6.11 billion, according to official statistics. In 2021–2022, India exported non-basmati rice to more than 150 nations.

Read More: Rampath Yatra: For Ram lovers, IRCTC has once more organized the Rampath Yatra. For $16,000, you can visit these locations.

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