# Non-Basmati rice export to remain stagnant in current fiscal - DST - Daily Shipping Times

> Indian non-basmati rice exports have stalled because the government has not renewed a 5% export incentive under the MEIS scheme, which lapsed on March 25. Exporters say no fresh contracts have been signed, and rice exports fell to 6.2 million tonnes in the 10 months to January.

- Date: 2019-03-28 · published 2019-03-28T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/60049-non-basmati-rice-export-to-remain-stagnant-in-current-fiscal-dst-daily-shipping
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Frozen Indian export demand removes a major supply source from world rice markets, which is bearish for Indian rice prices and supportive of rival origins. Renewal of the scheme would restore competitiveness.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-06-13 | [Farm exports: Cabinet Secretary-led panel may review curbs - DST - Daily Shipping Times](https://feedsoft.ai/events/58555-farm-exports-cabinet-secretary-led-panel-may-review-curbs-dst-daily-shipping.md) | -3.2% | -0.6% |
| RICE | 2020-12-30 | [DGFT notifies Amendment in Export Policy of Basmati & Non-Basmati Rice Read Notification](https://feedsoft.ai/events/49607-dgft-notifies-amendment-in-export-policy-of-basmati-and-non-basmati-rice-read.md) | +1.8% | +9.7% |
| RICE | 2024-12-27 | [Issuance of amendment in Export Policy of Non-Basmati Rice by DGFT](https://feedsoft.ai/events/26930-issuance-of-amendment-in-export-policy-of-non-basmati-rice-by-dgft.md) | -0.5% | +4.0% |
| RICE | 2025-10-04 | [India imposes new condition on non-basmati rice exports](https://feedsoft.ai/events/22357-india-imposes-new-condition-on-non-basmati-rice-exports.md) | -3.9% | -7.6% |
| RICE | 2023-11-06 | [India to review export bans on wheat & rice, aims to fill shortfall in Kharif procurement - CNBC TV18](https://feedsoft.ai/events/33135-india-to-review-export-bans-on-wheat-and-rice-aims-to-fill-shortfall-in-kharif.md) | +4.2% | +4.2% |

## Sources

- dst.news: https://dst.news/news/non-basmati-rice-export-to-remain-stagnant-in-current-fiscal/

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