Tag: Basmati

NEW DELHI: The government is initiating fresh measures to ensure that rice prices remain under control and overall inflation comes down.On Friday, the Centre imposed 20% export duty on parboiled rice (rice partially boiled with husk), barely a week after imposing 40% duty on exports of onion. Besides, it is expected to notify a minimum export price (MEP) for basmati rice, pegged at $1,200 (Rs 99,000) a tonne.All these moves are meant to slow down shipments and allay any fear of short supply in the domestic market, although...