India Bans Non-basmati White Rice Exports

Tags: National News

India banned the export of non-basmati white rice to stabilise the volatility in retail prices within the country.

An Overview of the News 

• This decision was taken by the Ministry of Food and Consumer Affairs.

• The ban applies to all exports of "non-basmati white rice".

• India's decision is significant as it is the world's leading rice exporter.

• An exemption from the ban will be granted to countries that request the export of white rice.

• Countries seeking exceptions must meet their own food safety requirements and obtain formal approval from their respective governments.

• The primary objective of the ban is to stabilise the volatility of retail prices within India.

• Two major challenges affecting India's rice production are global food prices affected by the war in Ukraine and unpredictable weather conditions, including heavy monsoon rains in northern rice-growing states and insufficient rainfall in other regions.

Directorate General of Foreign Trade (DGFT):

• DGFT is an important agency under the Ministry of Commerce and Industry.

• Its headquarter is in New Delhi, India.

• DGFT plays an important role in regulating and enforcing laws related to foreign trade.

• One of its major responsibilities is to formulate and implement foreign trade policy.

• The foreign trade policy aims to promote India's export activities and create a conducive environment for international trade.

• The current Director General of DGFT is Amit Yadav.