India, the world's biggest rice exporter, will provide incentives for non-basmati rice exports, the government said in an order reviewed by Reuters, as part of efforts to boost flagging overseas sales of the staple.
India, the world's biggest rice exporter, will provide incentives for non-basmati rice exports, the government said in an order reviewed by Reuters, as part of efforts to boost flagging overseas sales of the staple.
The government will give a subsidy of 5 percent for non-basmati rice exports for the four months to March 25, 2019, the trade ministry said in the order dated Nov. 22.
India's rice exports during April-September dropped 9.6 percent from a year earlier to 5.8 million tonnes, as leading buyer Bangladesh reduced purchases due to bumper local harvest.
The government will give a subsidy of 5 percent for non-basmati rice exports for the four months to March 25, 2019, the trade ministry said in the order dated Nov. 22.
India's rice exports during April-September dropped 9.6 percent from a year earlier to 5.8 million tonnes, as leading buyer Bangladesh reduced purchases due to bumper local harvest.