The ban on exporting non-basmati white rice has been lifted by the government. The ban was initially imposed on July 20, 2023, but it was announced on September 28 that overseas shipments of non-basmati rice can now resume.
This change in trade policy is expected to have a significant impact on both domestic supply and global rice markets. Along with lifting the export ban, the government has also set a floor price for non-basmati white rice. This measure aims to stabilize the market, ensure fair pricing for farmers, and facilitate international trade.