MEP reduction
Basmati Paddy Prices Surge 11-14% In India Amidst Robust Global Demand
Government National News

Basmati Paddy Prices Surge 11-14% In India Amidst Robust Global Demand

Mandi prices of various basmati paddy varieties in India have witnessed a significant surge, ranging from 11 to 14 per cent, just one month after the government’s decision to reduce the minimum export price (MEP) of basmati rice to USD 950/tonne, aiming to stimulate exports. Exporters attribute the increase in basmati paddy prices to robust […]

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Indian Rice Exporters Hit With Duty Demands, Threatening Shipments
Food & Beverage. Government News Retail

Govt’s MEP Reduction Fuels Basmati Paddy Price Rise

The prices of various basmati paddy varieties are currently experiencing an upswing compared to last year, thanks to the Centre government’s recent decision to reduce the minimum export price (MEP) of basmati rice to USD 950 per tonne. This move has significantly bolstered the export prospects for aromatic rice. In the Karnal mandi, located in […]

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