In Kolkata, rice prices have dropped by up to 10% in the past month, attributed to increased market supplies and government measures. Non-basmati rice is 7% cheaper, while basmati prices have fallen by 10%. The arrival of the rabi crop from Telangana, Odisha, and Tamil Nadu has contributed to the decline.
According to a presentation of the Agricultural & Processed Food Products Export Development Authority (APEDA), they are working on separate HSN codes for GI (Geographical Indications) rice varieties like Red rice, Black rice and Kalanamak rice.
India has imposed restrictions on all varieties on non-basmati rice. Non-basmati white rice constitutes about 25% of the total rice exported from the country.
Coimbatore: In an alternative to the popular GI-tagged basmati rice, the Tamil Nadu Agricultural University (TNAU) on Saturday released a new non-basm.