One Lac Non-Basmati Rice Export Quota for Bangladesh through STC, MMTC and PEC Released

[DGFT Notification No. 42 dated 18th May 2010]

Subject: Prohibition on Export of Non-basmati Rice – exemption regarding

In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes, with immediate effect, the following amendment to Notification No.38 (RE-2007)/2004-2009, dated 15.10.2007 read with Notification No. 93 (RE-2007)/2004-2009 dated 1.4.2008, as amended from time to time.

2. Following shall be added at the end of Para 2.1.12 of the Notification No. 93 (RE-2007)/2004-09 dated 1st April, 2008:

“2.1.13 With immediate effect, ban on export of Non-basmati rice shall also not be applicable to export of 1,00,000 MTs of non basmati rice (Parboiled) to Bangladesh as follows:

S. No.	Quantity (MTs)	Name of PSU through which export to be made
1.	50,000	STC
2.	25,000	MMTC
3.	25,000	PEC
Total	1,00,000.”

3. The above export shall be subject to the following conditions:-

(i) Export will be undertaken directly, and only, by the designated PSU(s);

(ii) Recipient countries will be advised to enter into contracts for the exports only with the designated PSU(s), in terms of GATT provisions;

(iii) The PSU(s) will buy rice from the market from all over the country;

(iv) The PSU(s) will make purchases from the market at a price as close to MSP as possible, so as not to disturb the existing price situation in the market;

(v) The PSU/s will procure and export rice as per guidelines prescribed by the Department of Commerce vide O. M. No. 7/4/2009 - FT(ST) dated 18.2.2010;

(vi) End-point verification of exports reaching the destination will be filed by the PSU(s).

4. All other provisions of the Notification No.93 (RE-2007)/2004-09 dated 1st April, 2008, as amended from time to time, shall remain unchanged, and shall continue to apply.

5. This issues in public interest.