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“Export coverage of damaged rice… is amended from ‘free’ to ‘prohibited’,” the Directorate Basic of Overseas Commerce (DGFT) mentioned in a notification on Thursday.
China is the biggest importer of Indian damaged rice, accounting for imports price $323.93 million of the commodity within the April-July interval, as in opposition to $480.31 million in the whole 2021-22.
As per the notification, provisions beneath the Overseas Commerce Coverage 2025-2020 relating to the transitional association shall not be relevant to this notification. The federal government has allowed the consignments of damaged rice to be exported until September 15, in instances the place loading of damaged rice on the ship has commenced earlier than the notification.
