Export duty on parboiled rice extended upto March 31, 2024

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The Indian government has extended the export duty on parboiled rice until March 31 next year. This move aims to maintain sufficient local stock and control domestic prices. The restrictions apply to all varieties of non-basmati rice, which make up about 25% of the country's total rice exports. Earlier, the government also banned the export of non-basmati white rice to boost domestic supply and control retail prices during the festive season.

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