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The Agricultural & Processed Meals Merchandise Export Improvement Authority (APEDA), is engaged on separate HSN codes for rice varieties that are GI (Geographical Indications) tagged resembling Pink Rice, Black Rice and Kalanamak Rice.
Each product that’s globally traded, is coded as per the HSN system which describes and classifies all these items.
Rajesh Agarwal, further secretary within the commerce division, mentioned that there are 40-50 kinds of non-basmati rice and when the federal government bans the export of that, all of the varieties resembling Sona Masuri, Govind Bhog, Kalanamak, or regular white non-basmati rice get impacted.
He mentioned new HSN code for another kinds of rice is the demand of the business and a choice could be taken after an in depth stakeholder session.
“We are attempting to see whether or not is there a benefit in doing so as a result of as a rustic on one hand we is not going to prefer to impose bans on rice, which we aren’t frightened an excessive amount of about, however on the identical time, we have to see that there’s sufficient incentives for farmers to maintain on producing the traditional kinds of rice additionally which is the core staple food plan of the nation,” he added.Presently, there are six HSN codes for non-basmati rice and one for basmati rice.The transfer assumes significance because the Pink Sea disaster is predicted to influence India’s rice exports this 12 months. Because of restrictions on exports of rice, sugar, and wheat, India’s agri-exports might fall 9% however the nation has began exports of commodities like water chestnut and makhana (fox nut).
He mentioned that in 2022-23, 22 million tones of rice had been exported.
“This 12 months we is not going to be exporting… Non-basmati rice, we aren’t exporting, as a result of we have no idea whether or not there will likely be an exportable surplus or not,” he mentioned.
The federal government is more likely to come out with revamped tips for the Nationwide Programme for Natural Manufacturing (NPOP) within the subsequent one month.
APEDA chairman Abhishek Dev mentioned that India’s export of agricultural merchandise has reached $26.7 billion in 2022-23 from $0.6 billion exports in 1987-88.
India has expanded the export basket to over 200 international locations and now provides recent fruits to 111 international locations. The exporters’ physique can also be planning trial shipments of mangoes, and pomegranates to the US and the EU Union by sea routes.
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