Government Likely to Reduce Minimum Export Price (MEP) for Basmati Rice

Minimum Export Price (MEP) for Basmati Rice

In a significant development for the basmati rice industry, the government is poised to reduce the Minimum Export Price (MEP) for this aromatic grain. Initially set at $1200 per tonne in August, consultations with various stakeholders, including exporters, farmers, and state government officials in key basmati-growing states like Punjab, Haryana, and Uttar Pradesh, have led … Read more