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India Looking At Complete Ban On Non-Basmati Exports
Feb 14,2008 00:00
by
newseditor
In order to ward off chances of any local shortage, the Indian government might completely ban all non-basmati rice exports irrespective of the price at which it is sold in overseas markets. In October last year, India had imposed a blanket ban on all non-basmati rice exports to shore up local supplies.However, later it allowed the export of rice varieties that fetch more than $500 PMT, FOB in the international markets. |