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Saturday, 27 July, 2024

India extends 20% export duty on parboiled rice indefinitely

India imposed the duty last year in a move to maintain adequate local stock and keep domestic prices under check
Express Desk
  23 Feb 2024, 03:25

The Indian government has extended a 20 percent duty on export of parboiled rice for an indefinite period, local media reports.

The world’s largest exporter of grain had imposed the duty in August last year, a move aimed at maintaining adequate local stock and keeping domestic prices under check.

In a notification issued on Wednesday, the finance ministry said the duty will continue beyond Mar 31 without an end date, according to The Economic Times.

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India extends 20% export duty on parboiled rice indefinitely

India imposed the duty last year in a move to maintain adequate local stock and keep domestic prices under check
Express Desk
  23 Feb 2024, 03:25

The Indian government has extended a 20 percent duty on export of parboiled rice for an indefinite period, local media reports.

The world’s largest exporter of grain had imposed the duty in August last year, a move aimed at maintaining adequate local stock and keeping domestic prices under check.

In a notification issued on Wednesday, the finance ministry said the duty will continue beyond Mar 31 without an end date, according to The Economic Times.

Comments

Shahjalal Islami Bank PLC Organized Tree Plantation program in Chuadanga District
FSIB Press Release on Half Yearly Business Review Conference held
IFIC Banking services will be unavailable at all Branches and Uposhakahs on Thursday due to System Upgrade
Startup Bangladesh cancels Tk 5cr investment proposal for 10 Minute School
Bangladeshis' credit card spending abroad drop by 9.89%, but rise in US, India