Rice exporters want to cut minimum export price
India's rice exporters wanted the government to cut the minimum export prices of basmati rice to $800, in order compete with Pakistan, which export basmati at $1000 a tonne to lure the international market.
INDIA will allow more non-basmati rice exports on top of the 2.2m tonnes already approved to ensure minimum support price for farmers in the open market, food minister KV Thomas has declared.