India Lifts Floor Price on Basmati Rice Exports to Regain Global Market Share0

• India, News
• September 16, 2024

India has officially removed the minimum export price (MEP) for basmati rice, a move aimed at boosting overseas sales and supporting farmers facing financial challenges. The decision, announced on Friday through a government order, comes just weeks before the arrival of the new-season basmati crop. Previous Minimum Export Price In 2023, India had set an