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Wednesday, August 30, 2023

India will give rice to this special friend, not America, Russia, Japan and Europe

The government had banned the export of non-basmati rice due to low production in India and due to the increase in prices. The effect of which was seen all over the world and the prices reached a 12-year high, but the Government of India has opened rice godowns for its special friend.

While on the one hand, India has banned the export of non-basmati rice to reduce inflation and stabilize rice prices in the country. On the other hand, India has shown its big heart for Singapore. Yes, the Government of India said on Tuesday that it has decided to allow the export of rice in view of the special relationship between the two countries. Last month, India announced a ban on exports of all non-basmati white rice, leading to a sharp rise in global rice prices to a 12-year high.

Why did India go soft for Singapore?

Foreign Ministry spokesman Arindam Bagchi said that a formal order allowing the export of rice to Singapore would be issued soon. He said that India and Singapore are very close strategic partnership. Bagchi said that in view of this special relationship, India has decided to allow the export of rice to meet Singapore's food safety requirements. Responding to media queries on the export of rice to Singapore, a spokesperson of the Ministry of External Affairs said that formal orders in this regard would be issued shortly.

The government had received a complaint

India On August 27, the government said it had received credible regional reports regarding misclassification and illegal export of non-basmati white rice. In a statement, the government had said that it has been informed that non-basmati white rice is being exported under the HS code of parboiled rice and basmati rice.

This order came on 20 July

The export of non-basmati white rice was banned from July 20 to curb domestic prices and ensure domestic food safety. The government observed that despite restrictions on certain varieties, rice exports have been high during the current year. On July 20, the central government changed the rice export norms and put non-basmati white rice in the "ban" category. According to DGFT, the export policy relating to non-basmati white rice has been revised from “Free” to “Ban” with immediate effect.

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