What is the minimum export price of basmati rice imposed by the Indian government?

Current Affairs September 2023 . 11 months ago

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The Indian government has imposed a minimum export price of $300 per tonne for basmati rice. This is a significant increase from the previous price of $200 per tonne. The government has said that the move is necessary to protect the interests of domestic consumers and to ensure that the prices of basmati rice remain stable. The government has also said that the move is necessary to prevent hoarding and speculation in the basmati rice market.

Posted on 03 Feb 2024, this text provides information on Current Affairs related to September 2023. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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