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Tuesday, Aug 27, 2002

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Concession on broken rice for export withdrawn

By Our Special Correspondent

New Delhi Aug. 26. The Centre has decided that no allowance for broken rice will be admissible to exporters of rice other than the operational allowance of two per cent.

The decision has been taken on the recommendation made by the high-level committee of the Food Corporation of India.

Exporters were allowed 16 per cent extra brokens in the case of parboiled rice and 25 per cent extra in the case of raw rice for the purpose of export.

As on June 30, 37.8 lakh tonnes of rice has been lifted by exporters, while 46.9 lakh tonnes has been paid for. The Central pool has a stock of 219.27 lakh tonnes of rice as on July 1.

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