Rice Quota of 3 LT for Bangladesh

FCI Sole Agency through Central Pool, STC etc Dropped

[DGFT Notification No. 55 dated 6th August 2010]

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

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 and also read with Notification No. 42 /2009-2014 dated 18.05.2010, as amended from time to time.

2. With immediate effect, the existing entry at para (2) & (3) of Notification No. 42 /2009-2014 dated 18.05.2010 is substituted to read as under:-

“2.1.13 the ban on export of Non-Basmati rice shall also not be applicable on export of 3 lakh tonnes of parboiled non-Basmati rice to Bangladesh from the Central Pool at prevalent economic cost through FCI.”

3. 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.

4. This issues in public interest.