Export and Import of Agricultural Items
The export and import of the agricultural items depends upon the domestic availability. The Government of India has been allowing the exports and imports of food items especially wheat, rice, and pulses.
- The import duty on Wheat was reduced to zero from 9 September 2006 to augment its supply.
- Government has prohibited the export of Wheat from 8 October 2007 onwards.
- The import duty on semi-milled or wholly milled rice was also reduced to nil from 20 March 2008 to augment its supply.
- Export of Basmati rice is permitted. Export of non-basmati rice has been prohibited since 15 October 2007 except for a quantity of 10,000 tonnes per annum of organic non-basmati rice permitted since 7 December 2009.
- However, export of non-basmati rice is permitted on diplomatic/humanitarian considerations such as flood and droughts in other countries.
- Export of basmati rice is permitted with a minimum export price (MEP) of US $ 900 per ton or Rs. 41, 400 per ton.
- Government has reduced the import duty on pulses to nil from 8 June 2006 to augment their supply.
- Export of pulses except kabuli chana (chickpeas) has been prohibited with effect from 1 April 2008.
List of Topics : Economic Survey 2010-11
