Govt Of India likely approve Broken Rice Export of 100,000 tonnes to Mali

Depending on India to meet demand for the foodgrain, the Indian government may allow the export of 100,000 tonnes of broken rice to Mali, some officials said. This is not the first time India has said it will supply broken rice to Mali. Earlier, the Indian government had also allowed some consignments to be exported to West African countries. Recently, the Indian government allowed the export of about 50,000 tonnes of broken rice to Bhutan. The Indian government has approved the export of about 2.77 million tonnes of non-basmati white rice to 9 countries in Asia and Africa, including Singapore, Nepal, Malaysia and the Philippines.
The Indian government had banned exports of broken rice in September 2022 and non-basmati white rice in July 2023 to control domestic inflation. But still India supplies rice to strategic partners in Asia and West Africa. Despite the ban, exports are taking place at the government-to-government (G2G) level. And these are supported by National Cooperative Exports Limited. which was established under the Multi-State Cooperative Societies (MSCS) Act, 2002 as a government export agency to export agricultural and allied products.
In May of this fiscal year, the Government of India allowed the export of broken rice based on the permission given by the government for shipments to those countries to meet their food security needs. For example, African countries depend on India for rice supply.
The Food and Agriculture Organization's all-rice price index averaged 138.9 points in October, down 2% from September's price index level. India's rice exports have increased tenfold from FY 2002 to FY 2023 from 2.6 MT to 21.8 mt. This increase in exports has made India the world's largest rice exporter. Currently, India alone accounts for 40% of the world's total rice exports.
In September 2022, the Indian government banned the export of broken rice. But despite this ban, around 498,000 tonnes of broken rice were exported from India during April-October this year. The export volume of broken rice during April-October last year was 2.4 million tonnes. Trade experts currently recommend a mix of policies instead of an outright ban, which has far-reaching implications for trade in global markets, including India.
Ashok Gulati, a distinguished professor at the Indian Council for Research on International Economic Relations, said that India's ban on exports of broken rice and non-basmati white rice had a direct impact on India's competitiveness in the global market, just as global rice markets were in turmoil.
Sarath Loganathan, co-founder of Ninja cart, an Agri-tech firm, says, "The Indian government has maintained its G2G (government-to-government) agreements with African counterparts. But some African countries including Cambodia, Vietnam, Myanmar, Burma, Thailand and Pakistan Alternatives are looking for markets for rice in Asian countries, where the price of rice will be higher than the rates paid by India."

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