2011-08-17

Global News: More non-basmati rice exports may get nod

(News resource: Financial Express, Aug 16, 2011)

New Delhi: More export of non-basmati rice may be allowed to prevent a storage crisis when summer crops start flooding the market by October.The food ministry, whose recommendation is crucial to grain exports, is in favour of more non-basmati rice shipments, as the country is expecting a record harvest of grain for a second straight year, an official source said. The commerce and the agriculture ministries, too, have expressed their willingness for more non-basmati rice exports than the 1.15 million tonne already approved, he added.