The deadline for export of broken rice has been further extended to October 15

Mumbai: The government has extended the last date for the export of broken rice in transit by another fifteen days to October 15. Earlier, the date was extended from September 15 to September 30.

On September 8, the government had banned the export of lump rice from the country, but certain types of consignments were allowed to be exported till September 15. After the request of the exporters, this concession was extended to 30 September.

According to a notification issued by the Directorate General of Foreign Trade, the in-transit rice can be dispatched to their export hubs till October 15, local market sources said. The Indian government has banned the export of broken rice while imposing a twenty percent duty on some other varieties of rice. This decision of the government has come amid expectations that the production of rice in the country will decrease this year.

Following the ban on the export of rice from the country and the imposition of duty, as many as six lakh tonnes of rice were stuck at various ports. Due to the delay in the shipment of rice, the exporters have to pay heavy demurrage (delay charges).