India on Friday reduced export duty on parboiled rice to 10% from 20% earlier, the government said in a notification, as inventories in the world's biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks.

India loosened restrictions on some rice exports, a move that may ease global prices and signal a shift in domestic agricultural policies following the recent national elections.

The Centre lifted the ban on the export of non-basmati white rice on Friday with immediate effect, according to a notification.

India has removed export duty on non-basmati white rice and reduced duty on other rice varieties like parboiled and paddy. This move aims to boost rice exports.

India's decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of the global market.

Indian government reduces export duty on rice to 10% from 20% to boost agricultural exports amid El Nino impact.

The Indian government has lifted the export ban on non-basmati white rice, effective immediately, according to an official notification released on Friday. This ban was initially imposed in July 2023 to safeguard domestic rice supplies and stabilize prices in the local market.

India loosened restrictions on some rice exports, a move that may ease global prices and signal a shift in domestic agricultural policies following recent national elections.

The government has exempted export of non-basmati white rice from customs duty. In a notification issued late Friday, the revenue department also reduced export duty on parboiled rice, husked (brown rice),

In addition to parboiled rice, the government has also slashed the export duty on husked (brown) rice and rice in husk (paddy or rough) to 10%.