Home FEATURED NEWS India may contemplate damaged rice shipments by means of diplomatic offers

India may contemplate damaged rice shipments by means of diplomatic offers

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NEW DELHI, May 24 (Reuters) – India may contemplate supplying damaged rice to different international locations solely by means of diplomatic channels, the Directorate General of Foreign Trade, an arm of the commerce ministry, mentioned in an order on Wednesday.

India banned overseas shipments of broken rice and imposed a 20% responsibility on exports of varied different grades in September 2022 amid concern over manufacturing due to below-average monsoon rainfall in key rising states.

China was the most important purchaser of India’s damaged rice, with purchases of 1.1 million tonnes in 2021. Beijing used to import that selection primarily for feed functions.

Though India may contemplate requests for provides of damaged rice to some international locations case by case, New Delhi doesn’t plan to raise the ban on damaged rice exports, a authorities supply mentioned.

A 90% probability of an El Nino climate sample creating throughout this yr’s June-September monsoon season has raised the possibility of less than normal rain in 2023.

Monsoon rains are important for rice output in India.

Reporting by Mayank Bhardwaj
Editing by David Goodman

Our Standards: The Thomson Reuters Trust Principles.

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