Government Extends Deadline for Exports of Broken Rice Consignments till Oct 15

  • 28-Sep-2022
  • Government Extends Deadline for Exports of Broken Rice Consignments till Oct 15

The central government issued the latest notification regarding the exports of broken rice. The government extended the deadline for the export of broken rice in Consignments by 15 days till October 15. A few days ago, the deadline was changed to September 30 from September 15.

It prohibited the export of broken rice on September 8 but permitted shipments of certain consignments during September 9-15. On September 20, the mentioned date was extended till September 30. Now, it will be extended to October 15, 2022.

According to the Directorate General of Foreign Trade (PTI), "Export of consignments of broken rice...as permissible under notification dated September 8 has been...extended till October 15, 2022,

Moreover, India restricted exports of broken rice and imposed a 20% duty on exports of diverse grades of rice as the world's biggest exporter of grain tries to augment supplies and calm local costs after below-average monsoon rainfall curtailed planting.

Last week, India is considering permitting the overseas shipment of some rice cargoes stuck at ports after the world's biggest exporter of the grain levied restrictions earlier this month, a government official expressed on Wednesday on the condition of anonymity.

To raise local supplies and calm prices after below-average monsoon rainfall curtailed planting, India restricted exports of broken rice and imposed a 20% duty on exports of various other types on Sept. 8. At least 20 ships are remaining to load around 600,000 tonnes of rice at the ports after being trapped for nearly a fortnight, forcing sellers to spend demurrage charges, industry officials informed Reuters last week.

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