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India may stand to gain $1 billion revenue from rice exports

InduQin

Non-basmati rice exports during the April-February period of the 2022-23 fiscal were up nearly three per cent at 16.09 million tonnes (mt), but the shipments were lower in February by nearly six per cent.

But the underlying fact is that the Indian government stands to gain good revenue to the tune of a billion dollars in view of the export duty on the shipments as the global market has accepted the duty, besides India’s market share remaining intact.


Read More at https://www.thehindubusinessline.com/economy/agri-business/india-may-stand-to-gain-1-billion-revenue-from-rice-exports/article66721129.ece/amp/


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