Govt. Eyes Expansion of HSN Codes for Rice

Key Points

• 1The Commerce and Industry Ministry is considering expanding HSN codes for rice.
• 2The goal is to separate non-basmati rice varieties not traditionally consumed in India.
• 3The government has temporarily banned all categories of non-basmati white rice exports.
• 4There are currently six HSN codes for non-basmati rice and 30-40 varieties are grown.
• 5APEDA is working on separate HSN codes for GI rice varieties.
• 6Agriculture exports may decline by 9% this year.
• 7The Red Sea crisis may impact basmati exports to the EU and Egypt.