Export Ban: After non-basmati rice, this type of oil is also banned, the government will not export

Export Ban: After non-basmati rice, this type of oil is also banned, the government will not export

De Oiled Rice Bran Export Ban: After the Non-Basmati Rice Export Ban, the Modi Government at the Center has now banned De Oiled Rice Bran Rice Export Ban as well. decided to install. The government has imposed this ban till November 30, 2023. This information has been given in the notification issued by the Directorate General of Foreign Trade (DGFT) on Friday.

India is the world’s largest exporting country

It is to be noted that India is the largest exporter of de-oiled rice bran in the world. India exports more than 10 lakh tonnes of fodder to foreign countries every year.  In such a situation, this decision of the government will have an impact on the whole world. De-oiled rice bran is commonly used for animal feed. Apart from this, it is used to make alcohol and to treat many diseases like cholesterol, heart, obesity, high blood pressure etc.

Why the government banned it?

It is noteworthy that in the last few months, there has been a tremendous increase in the prices of milk in India. The biggest reason behind this is the tremendous rise in the prices of animal straw (Rice Bran Price). In such a situation, to control the price of fodder, the government has banned the export of de-oiled rice bran. Apart from the fodder for cows and buffaloes, rice bran is also used in the poultry and fish farming industries. It has up to 25 percent share in animal food. In such a situation, the government is trying to control the prices by banning its export so that its effect is visible on the prices of milk as well.

Export of non-basmati rice also banned

Earlier, on July 20, taking a big decision regarding non-basmati rice, the government had banned its export. The government had taken this decision to ensure food security in the country. It is worth noting that the government has not banned the export of rice through government channels. In such a situation, in the coming times, different countries can directly deal with the Government of India for the purchase of non-basmati rice. White non-basmati rice accounts for 25 percent of the rice exported from India. This year the production of rice has decreased all over the world. In such a situation, the central government has taken this step to ensure the availability of rice in the country and to control the price of rice in the domestic market. 


Read also-

Petrol Diesel Price: Petrol-diesel became cheaper from Noida to Patna, know what is the condition of your city

Get more latest business news updates

Scroll to Top