The Indian government has announced that exports of non-basmati rice will now be allowed only after registration with the Agricultural and Processed Food Products Export Development Authority (APEDA), an arm of the Commerce Ministry.
Rice reserves, including unmilled paddy, in state granaries totalled 44.1 million metric tons on Dec. 1 against a government target of 7.6 million tons, data compiled by the Food Corporation of India showed.
The removal comes amid bumper harvest projections and surplus stock
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The top rice exporter fears a production fall for late start of monsoon rains
India, the world's biggest rice exporter, is considering banning exports of most rice varieties, Bloomberg News reported on Thursday.
