homevideos Newsindia NewsRice Exporters Association seek exemption for consignments where advances were received

Rice Exporters Association seek exemption for consignments where advances were received

India which is the world’s largest rice exporter has banned exports of broken rice and imposed a 20 percent tax on exports of various grades of rice. All this in order to bring down prices in the local market. Vinod Kaul, Senior Executive Director at Rice Exporters' Association in an interview to CNBC-TV18 said the ban on export of broken rice has caused huge difficulty for the trade community.

By Parikshit Luthra  Sept 13, 2022 7:54:19 PM IST (Published)

2 Min Read
The All India Rice Exporters Association (AIREA) on Tuesday said it has requested the government to allow exports of consignments for which the orders and advances were received.
Recently, India has imposed a 20 percent export duty on non-basmati rice and also banned the export of broken rice with an aim to increase domestic availability.
In an interview with CNBC-TV18, Vinod Kaul, senior executive director at AIREA, said the ban on the export of broken rice has caused huge difficulty for the trade community.