ANNOUNCEMENT 04 Jul 2012

In July 2012, the government of India announced removal of Minimum Export Price on Basmati Rice.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Notification No. 6 (RE-2012) /2009-2014

http://dgftcom.nic.in/Exim/2000/NOT/NOT12/not0612.htm

Inception date: 04 Jul 2012 | Removal date: open ended

Export tax

On 4 July 2012, the Government of India through Notification No. 6 (RE-2012) /2009-2014 removed the Minimum Export Price (MEP) on Basmati rice entirely. The MEP was introduced in January 2009 (see related State Act).

AFFECTED SECTORS