-The Hindu Business Line New Delhi: All India Rice Exporters Association (AIREA) on Sunday requested the Environmental Pollution (Prevention and Control) Authority to reconsider the plan to extend the ban on rice mill operations in the National Capital Region (NCR) till Monday. “Due to the current restriction coinciding with peak paddy procurement season, all the paddy is lying in mandies and shellers, at high moisture and is only going to affect adversely...
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Uneven Mandi tax adds to GST burden -Madhvi Sally
-The Economic Times Even as the dust kicked up by the Goods and Services tax is yet to settle, traders and companies have to face another conundrum an uneven mandi tax. So wide is the discrepancy that a company procuring grain had to pay 6 per cent tax in Punjab, 4 per cent in Haryana and 0.2 per cent in Madhya Pradesh. Industry says this will create an imbalance in the interstate...
More »China may allow imports of Indian non-basmati rice -Arun S
-The Hindu China was the largest importer of the grain in 2015-16. New Delhi: China may soon grant market access to India's non-basmati rice exports, acceding to a long-pending request from New Delhi. The Centre had repeatedly taken up the issue of the country’s ballooning goods trade deficit with China bilaterally. India had demanded market access for products including non-basmati rice, pharmaceuticals and several fruits & vegetables among others. India’s goods trade deficit with...
More »Rice and shine -Sandip Das
-The Financial Express With newer varieties and improvement in yield, packaging and marketing, basmati-long hailed as the ‘king of rice'-is spreading its sweet aroma worldwide WALK INTO any supermarket today and the most eye-catching items will be in the section selling packaged rice. Rice, that humble, century-old staple of the Indian diet, has emerged from its traditional image-grains in an open gunny bag-to a slick new avatar. Today, rice, and basmati in...
More »Rice exports may rise 15% as government scraps export floor price-Sutanuka Ghosal
-The Economic Times India's rice exports are likely to jump as much as 15% this year after the government scrapped the minimum export price (MEP) of $700 per tonne. "India's annual basmati exports will surpass last year's figure in the current fiscal," said Sumeet Saluja, managing director, Whitefields Overseas, which markets basmati under the brand name India Crown. Total rice shipments, including basmati and non-basmati, were 7.3 million tonne in 2011-12. Of this,...
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