Archive |

Thursday, 13 November, 2025

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

Saudi Arabia Grants 78,500 Hajj Slots to Bangladesh for 2026 Pilgrimage
BB Warns Five-Bank Merger Could Jeopardise Investors’ Interests
BB Launches Five-Bank Merger to Form Country’s Strongest Financial Powerhouse
Billions Lost, Little Recovered — Ignoring Money Laundering?
India Freezes Anil Ambani Group Assets Worth $853 Million

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

Saudi Arabia Grants 78,500 Hajj Slots to Bangladesh for 2026 Pilgrimage
BB Warns Five-Bank Merger Could Jeopardise Investors’ Interests
BB Launches Five-Bank Merger to Form Country’s Strongest Financial Powerhouse
Billions Lost, Little Recovered — Ignoring Money Laundering?
India Freezes Anil Ambani Group Assets Worth $853 Million