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Date: 30/12/2024

Agri products exports up by 8 pc in April-Nov.
 
India’s exports of agricultural and processed food products rose by over 8% to $14.01 billion during the April-November period of the current fiscal year compared to FY24 after the government removed most of the restrictions on rice shipment a couple of months back. Rice exports during the first eight months of FY25 saw a sharp spike of over 13% to $7.31 billion compared to $6.44 billion reported during the same period last fiscal, according to the Directorate General of Commercial Intelligence and Statistics. In September, the government removed virtually all restrictions on basmati as well as non-basmati rice exports imposed last year by doing away with minimum export price and export duties. Exporters say that rice exports could see a rise of 10% in the current fiscal because of robust global demand, as per a report.
 
source: Exim News Service: New Delhi, Dec. 29



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