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First export consignments of ‘red rice’ from Assam to the USA flagged off

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..... First export consignments of ‘red rice’ from Assam to the USA flagged off - News and Press Release Dated:- 5-3-2021 - News - In a major boost to India s rice exports potential, the first consignment of red rice was flagged off to the USA.Iron rich red rice is grown in Brahmaputra valley of Assam, without the use of any chemical fertilizer. The rice variety is referred as Bao-dhaan , which .....

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..... is an integral part of the Assamese food. The red rice is being sourced by leading rice exporter LT Foods. The flagging off ceremony of the export consignments was carried out by APEDA Chairman Dr M.Angamuthu at Sonepat, Haryana.As the exports of red rice grow, it would bring enhance incomes of farming families of the Brahmaputra flood plains. APEDA has promoting rice exports through col .....

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..... laborations with various stakeholders in the value chains. The government had set up the Rice Export Promotion Forum (REPF), under the aegis of the APEDA. REPF has representations from rice industry, exporters, officials from APEDA, ministry of commerce and directors of agriculture from major rice producing states including West Bengal, Uttar Pradesh, Punjab, Haryana, Telangana, Andhra Pradesh, As .....

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..... sam, Chhattisgarh and Odisha. During the April January period of 2020-21, the shipment of non-Basmati rice witnessed an impressive spike. The non-basmati rice exports was ₹ 26,058 crore (3506 US$ Million) duringApril-January, 2021 against ₹ 11,543 crore (1627US$ Million) reported during April-January, 2020 period. The exports of non-Basmati witnessed a growth of 125 % in Rupeeterm .....

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..... and 115 % Dollar terms. The sharp spike in rice exports especially during a phase where globally the COVID19 pandemichas disrupted supply changes many commodities, has been attributed to the government takingprompt measures to ensure exports of rice while taking all the COVID19 related safetyprecautions. We took several measures in terms of ensuring safety and hygiene because of theoperationa .....

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..... l and health challenges posed by COVID19, while ensuring that rice exports continueuninterrupted, M Angamuthu, Chairman, APEDA has said. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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