New Delhi, India - The Indian government has declared that the minimum export price (MEP) for Basmati rice will no longer be applied, in a major step that will increase exports and assist farmers. It is anticipated that this move by the Agricultural and Processed Food Products Export Development Authority (APEDA) will increase Indian Basmati rice's competitiveness in the international market.

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Key Points:

Boosting Exports: The removal of the MEP is anticipated to increase exports of Basmati rice, a prized variety known for its aroma and flavor. This will benefit Indian farmers who rely on Basmati rice cultivation for their livelihood.


Market-Driven Pricing: Without the MEP, exporters will have more flexibility in setting export prices based on market demand and production costs. This could lead to increased competitiveness and higher earnings for farmers.

APEDA's Role: APEDA, the government agency responsible for promoting agricultural exports, will continue to play a crucial role in ensuring quality standards and facilitating Basmati rice exports.


Note: Get an APEDA license and registration in order to export Basmati rice from India. You can find out how to obtain these and the requirements to do so by visiting the APEDA website or getting in touch with their customer service.

The Indian government has acted proactively to assist farmers and improve the nation's standing in the international rice market by eliminating the MEP for Basmati rice.