India allows non-basmati rice exports

India has taken steps to address a critical issue arising from the sudden ban on the export of non-basmati white rice. In a government order issued recently, traders have been given permission to ship out their stranded rice cargoes from ports.

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The ban on non-basmati white rice exports, which was implemented on July 20, had caught traders off guard and resulted in a significant quantity of rice being stuck at ports.

Before delving into the recent developments, it’s important to understand the context of the export ban. India, as a major player in the global rice market, has faced challenges related to rising domestic prices. In an attempt to control these price increases, the government decided to ban the export of non-basmati white rice. This move followed a similar ban on broken rice exports imposed the previous year. However, the unexpected export ban left traders in a difficult position, with substantial quantities of rice stranded at various ports across the country.