# Tweak FCI's procurement strategies to boost rice exports: Expert panel | Economy & Policy News - Business Standard

> An expert panel advised India to change FCI rice procurement and raise surplus availability for exporters, arguing that rising minimum support prices make non-basmati rice uncompetitive. Both production and exports have been stagnant for years.

- Date: 2020-08-01 · published 2020-08-01T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/51564-tweak-fci-s-procurement-strategies-to-boost-rice-exports-expert-panel-economy
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

If implemented, a larger exportable surplus would add supply to world rice markets, but the recommendation is advisory and has no immediate price effect.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-06-24 | [India pares restriction-free food exports to Maldives amid tension in ties \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/64487-india-pares-restriction-free-food-exports-to-maldives-amid-tension-in-ties.md) | -7.9% | -4.8% |
| RICE | 2026-07-28 | [US, Japan urge India to address export restrictions in farm sector \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/18288-us-japan-urge-india-to-address-export-restrictions-in-farm-sector-economy-and.md) | +3.9% | +6.6% |
| RICE | 2021-11-17 | [India to pitch for permanent solution for food security in WTO meet \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/44023-india-to-pitch-for-permanent-solution-for-food-security-in-wto-meet-economy-and.md) | +1.6% | -4.1% |
| RICE | 2018-12-06 | [CCEA approves agriculture export policy: No curbs on shipment of processed, organic items \| Business News - The Indian Express](https://feedsoft.ai/events/61536-ccea-approves-agriculture-export-policy-no-curbs-on-shipment-of-processed.md) | -3.9% | -6.8% |
| RICE | 2023-08-29 | [ITC's Puri hopes food export bans are short-lived once supply stabilises \| Company News - Business Standard](https://feedsoft.ai/events/34535-itc-s-puri-hopes-food-export-bans-are-short-lived-once-supply-stabilises.md) | +4.9% | +0.7% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/tweak-fci-s-procurement-strategies-to-boost-rice-exports-expert-panel-120080101281_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.