Global Trade Alert
Global Trade Alert

India: Minimum Export Price reduced on Basmati Rice (February 2012)

Announcement

21 Feb 2012

In February 2012, the government of India reduced the Minimum Export Price on Basmati Rice.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

21 Feb 2012

Revocation date:

03 Jul 2012

Export tax

On 21 February 2012, the Government of India through Notification No. 97 (RE-2010)/2009-2014 reduced the minimum export price (MEP) on Basmati rice. The new MEP is USD 700 per metric ton, reduced from...

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