Supreme Court approves NAFED s 35,000-tonne rice export to Cote D Ivoire, dismissing the Rice Exporters Association of India s appeal. Delhi High Court had earlier supported NAFED s tender. No conflict of interest found by the Supreme Court.
Exports of India’s premium basmati rice dropped by up to half this month from a year ago as freight rates doubled following a series of attacks on ships in the Red Sea.
Centre asks rice traders to lower prices, warns against unreasonable profiteering thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Dr Prem Garg, president of Indian Rice Exporters Federation (IREF) has welcomed Government’s decision of one-time exemption allowing the export of 20 tonnes of non-basmati rice to Nepal which is currently grappling with the aftermath of a devastating earthquake.
This exemption is not just
Indian government granted permission for export of non-basmati rice via National Cooperative Exports Limited (NCEL), which allows the export to Kenya, Egypt, Madagascar, Comoros and Equatorial Guinea.