New Delhi, March 8 -- The Indian government has lifted the ban on the export of 100 per cent broken rice, according to a notification issued late on Friday.
The decision follows record-high inventories at the start of February, nearly nine times the government's target.
The resumption of exports is expected to help India, the world's largest rice exporter, manage surplus stocks while providing affordable grain to African countries and supporting Asian animal feed and ethanol producers.
India had initially banned 100 per cent broken rice exports in September 2022 due to concerns over production after poor rainfall. In 2023, restrictions were extended to all rice grades.
However, following a record harvest, New Delhi gradually lifted cu...
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