India extends 20pc export duty on parboiled rice indefinitely - News Summed Up

India extends 20pc export duty on parboiled rice indefinitely


The Indian government has extended a 20 per cent duty on the export of parboiled rice for an indefinite period, local media reports. The world’s largest exporter of grain imposed the duty in August last year, a move aimed at maintaining adequate local stock and keeping domestic prices under check. In a notification issued on Wednesday, the finance ministry said the duty will continue beyond Mar 31 without an end date, according to The Economic Times.


Source: bd News24 February 22, 2024 13:15 UTC



Loading...
Loading...
  

Loading...