Tag: food and agriculture organisation

NEW DELHI: The government has decided not to allow exports of basmati rice below $1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice in the garb of premium basmati rice.In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below $1,200 per tonne.Existing contracts below $ 1,200 per tonne have been kept in abeyance.A committee under the chairman of APEDA will be set up to evaluate future course of action.Seeking to control retail prices of...