look news india
The Central Government today announced some major decisions which are relevant for the general public. In which it has been announced to increase the purchase price of sugarcane by Rs 25 and to continue 20 percent export duty on rice export even after March 31, 2024. It has been announced to continue this export duty on export of cooked rice or pre-boiled rice. The central government said on Wednesday that 20 percent export duty on export of raw rice will continue even after March 31.
When was export duty imposed on rice?
To control domestic prices in the country, an export duty of 20 percent was imposed on refined rice from August 25, 2023 to October 16, 2023, which was later extended till March 31, 2024. Today this export duty has been increased but no date has been given for how long it will continue, that is, it will continue indefinitely.
The Finance Ministry has also issued a notification
Today the Finance Ministry also issued a notification saying that 20 percent export duty will continue without any time limit even after March 31. To ensure that domestic prices do not rise and exceed the limits of adequate rice stocks in the country, the government imposed an additional duty of 20 percent on the export of parboiled rice.
Duty free import of yellow peas will continue even after March 31
Apart from this, it has been announced to continue duty free import of yellow peas even after March 31. However, the condition for this is that the bill should be issued on or before April 30, 2024.
What is cooked rice?
In the process of extracting rice from paddy, first the paddy is boiled along with the husk and then the rice is dried and separated. This rice is called USA rice. This rice contains almost all the beneficial elements that are present in brown rice. This rice is transparent, takes less time to cook and is also easily digestible. Usna rice or parboiled rice, also known as Usna rice in West Bengal and Ponni rice in South Indian states, is partially pre-cooked rice.