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Home News News and Press Release Month 3 2012 2012 (3) This

Exports of Basmati Rice.

26-3-2012
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Press Information Bureau
Government of India
Ministry of Commerce & Industry

26-March-2012 16:20 IST

Exports of Basmati Rice

Encouraging exports is a continuous process.  The Government is taking steps to encourage exports of agro products, including basmati rice through measures and incentives under Plan schemes of the Export Promotion. Agricultural and Processed Food Products Export Development Authority (APEDA), under the administrative control of the Department of Commerce is also implementing various Schemes to extend financial assistance to the eligible exporters registered with it to boost the overall agri exports.  Trade delegations are also mounted to penetrate foreign markets and Buyer-Seller Meets are organized to assist the potential exports. Besides, Basmati Development Fund, under APEDA also caters to the need of basmati rice trade to promote basmati rice export as and when such situation is warranted.

Currently, there is no such proposal to abolish the minimum export price for basmati rice.                    

   The export of Basmati rice in Iraq in last three years is as under:

Quantity in MT

Year

Quantity

2008-09

6071 MT

2009-10  

6960 MT

2010-11  

31240 MT

As may be seen from the above data, exports to Iraq show significant increase

This information was given by Shri Jyotiradiya M. Scindia,  Minister of State for Commerce & Industry   in written reply to a question in  Lok    Sabha today.

 DS/GK

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