Govt Lifts Ban on Non-Basmati White Rice Export, Now ‘Free’ Subject to MEP of $490/Tonne

The Indian government has lifted the ban on the export of non-basmati white rice, subject to a minimum export price (MEP) of $490 per metric tonne. This decision comes in response to changing global market dynamics and demand. Exporters can now sell this variety of rice in international markets, provided they adhere to the MEP requirement. The policy shift aims to balance domestic supply concerns with the opportunities presented by rising global demand for non-basmati rice, offering relief to exporters who had been affected by the earlier export ban.