TIOL-DDT 771 · Monday, 31 December 2007 · story 5 of 8
Prohibition on export of non-basmati rice - amendment of Minimum Export Price
By Vijay Kumar
Prohibition on export of rice was not to be applicable to the export of non-basmati rice if the Minimum Export Price (MEP) is more than US$ 425 per ton FOB or Rs. 17,000/-. Now this is amended to read as more than US$ 500 per ton FOB or Rs . 20,000/- per ton FOB .