Ban on Export of Non-Basmati Rice - Not to apply to Nepal

By Vijay Kumar

Ban on export of non-basmati rice shall not be applicable to export of 10,000 to 15,000 MTs of non-basmati rice to Nepal, subject to the following conditions:-

i) The above quantity shall be exported through State Trading Corporation (STC);

ii) STC shall procure the above quantity of rice from such rice Mills who have surplus rice/paddy in their stocks;

iii) The rice to be exported shall be with a minimum of 25% of brokens;

iv) STC shall ensure that their entry into market for this export does not affect the overall price situation of rice;

v) STC shall source the rice to be exported from more than one State to avoid any disturbance in the market.

DGFT Notification No. 69 (RE-2008)/2004-2009, Dated: December 5, 2008