India
has immediately outlawed the export of damaged rice. The word "free"
has been changed to "prohibited" in the export policy.
However,
some exports will be permitted up until September 15 in cases where loading of
broken rice onto ships had already begun prior to the ban order, where the
shipping bill had been filed, where the vessels had already berthed or arrived
and anchored in Indian ports, and where the broken rice consignment had been
handed over to the customs and was registered in their system.
The
export ban becomes significant because it seems possible that less paddy will
be planted overall this Kharif season than last. Future crop prospects as well
as price trends may be impacted by this.
To
increase domestic supplies, the Center on Thursday increased the export tariff
on non-Basmati rice by 20%, with the exception of parboiled rice. The export
fee will be in effect starting on September 9.
An
export tariff of 20% has been levied on "husked (brown) rice" and
"rice in husk (paddy or rough)," per a notification from the revenue
department.
The
Central Board of Indirect Taxes and Customs added that a 20% customs charge
will also be applied to the export of "semi-milled or wholly-milled rice,
whether or not polished or glazed (other than Parboiled rice and Basmati
rice)".
At
383.99 lakh hectares, the area planted with paddy during the current Kharif
season is almost 6% less than it was the year before. This Kharif season,
Indian farmers sowed less paddy. Most Kharif crops are sown in the monsoon
months of June and July, and the harvest occurs in October and November.
The
delayed progress of the monsoon in June and its unequal distribution in July
could be considered the main causes of the decrease in the area that was sowed.
Many
people in India were concerned that the smaller amount of paddy that has been
grown so far this Kharif may result in a lower yield of the foodgrain.
The
Center previously classified wheat exports as "prohibited" due to
potential concerns to food security earlier in May.
The
administration declared that the ban on wheat exports was implemented to manage
the nation's overall food security as well as to address the needs of the
neighbouring and other vulnerable countries.
The
Indian government went beyond merely limiting wheat exports.
Many
people in India were concerned that the smaller amount of paddy that has been
grown so far this Kharif may result in a lower yield of the foodgrain.
The
Center previously classified wheat exports as "prohibited" due to
potential concerns to food security earlier in May.
The
administration declared that the ban on wheat exports was implemented to manage
the nation's overall food security as well as to address the needs of the
neighbouring and other vulnerable countries.
The
Indian government went beyond merely limiting wheat exports.
The
Center initially restricted the export of wheat grain, followed by limitations
on the export of wheat flour (atta) and other associated goods such maida,
semolina (rava/sirgi), wholemeal atta, and resulting atta.
The
availability of a major food grain is falling, and prices are rising as a
result of the ongoing crisis in Ukraine.
Wheat
is an important agricultural product, and Ukraine and Russia are two of its two
leading producers.
India's
prices are also rising and are presently trading above the minimum support
level. Prior to the rabi harvest, multiple heat waves in a number of
wheat-growing regions in India had an impact on some wheat crops.
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