Export of Basmati Rice



Export of Basmati Rice

Details of quantum and value of basmati rice exported from the country to various countries, including Iran, during the last three years (top 10 countries), are as under:


Quantity in lakh MT; Value in US$ Million
Country Name
2013-14
2014-15
2015-16
Quantity
Value
Quantity
Value
Quantity
Value
Saudi Arabia
8.26
1108.90
9.67
1188.23
9.49
842.22
Iran
14.40
1834.55
9.36
1108.50
6.95
571.19
UAE
1.48
196.51
2.79
314.76
6.12
475.18
Iraq
2.20
271.14
2.35
259.13
4.18
340.97
Kuwait
1.76
247.95
1.66
250.53
1.81
211.68
U K
1.19
130.73
1.36
147.63
1.88
143.14
U S A
1.03
143.86
0.89
132.30
1.21
131.55
Yemen Republic
1.47
183.94
1.74
196.15
1.42
110.49
Oman
0.43
58.63
0.56
68.83
1.05
92.84
Canada
0.29
37.97
0.26
37.51
0.36
38.49
Other Countries
5.03
650.73
6.37
814.69
5.97
519.64
Total
37.54
4864.91
37.02
4518.26
40.45
3477.39
Source: DGCI&S







            In order to protect its domestic paddy growers, Iran has been imposing temporary ban (usually from end July to early January of next year) on import of rice. The ban was imposed w.e.f. 21st July 2016. However, the ban is not India-specific.
            A 20-member trade delegation, led by the Chairman, Agricultural & Processed Food Products Export Development Authority (APEDA), visited Iran from January 28-30, 2017.  Meetings were held with the Departments of Government of Iran and importers’ association.  A sales promotion event was organized on January 29, 2017, which was attended by about 250 participants, including media, Government officials and importers.
            APEDA directly, and through All India Rice Exporters Association, participates in trade fairs in Iran to promote export of Basmati rice along with other agro products. APEDA, under its plan scheme, also provides assistance to exporters for building up image of their brands through advertisement in print and electronic media.   
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 BIMSTEC Meet

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization comprising seven Member States namely Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand. The regional group acts as a bridge between South and South East Asia and represents a reinforcement of relations among these countries.

             The objective of building such an alliance was to harness shared and accelerated growth through mutual cooperation in different areas of common interests by utilizing regional resources and geographical advantages. Unlike many other regional groupings, BIMSTEC is a sector-driven cooperative organization. Starting with six sectors—including trade, technology, energy, transport, tourism and fisheries—for sectoral cooperation in the late 1997, it expanded to embrace nine more sectors—including agriculture, public health, poverty alleviation, counter-terrorism, environment, culture, people to people contact and climate change—in 2008.

             BIMSTEC was created with objectives to create an enabling environment for rapid economic development through identification and implementation of specific cooperation projects in the sectors of trade, investment and industry, technology, human recourse development, tourism, agriculture, energy, and infrastructure and transportation ; through joint endeavours and active collaboration, provide mutual assistance in the form of training and research facilities, on matters of common interest in the economic, social, technical and scientific fields.

             Leaders of BIMSTEC Countries were the special invitees at the Goa BRICS Summit, held in October, 2016, under its customary Outreach Initiative. Prior to the BRICS-BIMSTEC Outreach Summit, the BIMSTEC Leaders met in a Retreat format. The BIMSTEC Leaders' Retreat was held in an informal setting, without aides or a fixed agenda. They deliberated on Terrorism, Climate Change and Environment, Disaster Management, Connectivity, Agriculture and Food Security, Fisheries, Blue Economy, Energy, Trade, Technology, Tourism, Culture, etc. Subsequent to the BIMSTEC Leaders' Retreat, an Outcome Document capturing the deliberations of the meeting was released.

             During the BRICS-BIMSTEC Outreach Summit, Leaders appreciated India’s initiative and the opportunity to interact between the two groupings of emerging economies and developing countries, which together represent half the world’s population. They highlighted the potential for cooperation in areas such as counter terrorism, trade, energy, investment and capital flows, environment, technology, infrastructure and human development as well as funding by the BRICS New Development Bank for BIMSTEC projects.

             Prime Ministers of India and Bangladesh met on the side-lines of the BRICS-BIMSTEC OUTREACH held in October last year. Both leaders reviewed the bilateral relations from all aspects. India's links with Bangladesh are civilizational, historical, cultural, social and economic. India shares very cordial and friendly relations with Bangladesh which is not targeted at any third country. The bilateral cooperation between India and Bangladesh is multifaceted encompassing a wide range of areas, including trade and investment, security, connectivity, border management, water, power, shipping, development cooperation, people to people exchanges, human resource development, amongst others.

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Cashless Transactions

The Government is trying to promote cashless transactions as far as practically possible.

Digital payments give fillip to financial inclusion. It also enables digital trail of financial transactions leading to better tax compliance and reduces cost maintaining cash. Increased digital transactions will also enable small and micro enterprises to access formal credit.

A commercial establishment/industry registered as Merchant is expected to pay to the Acquiring Bank an amount out of their collections based on Merchant Discount Rate (MDR) which shall not be more than 1 % in case of debit cards.

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Pan India E-Auction of Tea

          The auction module of Pan India e-auction was rolled out successfully by Tea Board in June, 2016 across different auction centres of the country. There has not been any major problems with this module. The post auction settlement module was implemented from 14thSeptember, 2016. There have been some operational problems in this modulemainly relating to reconciliation of payment. Tea Board held a detailed deliberation with the stakeholders on 17th October, 2016 and decided to keep the post auction settlement process on hold with effect from 18th October, 2016. It has now been decided to select a new settlement banker.

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Production and Import of Natural Rubber


The details of total production, consumption and import of Natural Rubber (NR) in the country during the last three years are as under:

Year
Production
(Tonne)
Consumption
(Tonne)
Import
(Tonne)
2013-14
774,000
981,520
360,263
2014-15
645,000
1020,910
442,130
2015-16
562,000
994,415
458,374

The increase in import of NR into the country can be primarily attributed to the gap between production and consumption of NR in the country and lower prices of  block rubber in international markets as compared to the sheet rubber in domestic market.

   Cost of production of rubber varies from region to region and depends upon a number of factors such as labour wages, value of land, input costs, etc. Rubber Board has undertaken a study to work out the cost of production of Natural Rubber. However, final report has not yet been submitted. 

The details of production of NR in different states are as under :
State-wise production of NR (Tonnes)

State





2013-14



2014-15

2015-16 (provisional)
Kerala
6,48,220
5,07,700
4,38,630
Tripura
39,000
47,000
44,245
Karnataka
35,230
34,560
29,400
Tamil Nadu
25,000
23,785
19,495
Assam
13,600
17,310
14,560
Meghalaya
7,570
8,510
7,360
Nagaland
1,900
2,390
3,020
Manipur
1,065
1,150
1,660
Maharashtra
380
395
925
Goa
595
630
640
Mizoram
310
360
595
Others
1,130
1,210
1,470

Grand Total

7,74,000

6,45,000

5,62,000

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Bilateral Trade through North-East Corridor

The objectives of Act East Policy includes deepening of economic cooperation and expanding trade with countries in the Asia-Pacific Region. The process facilitates bilateral trade from North-East also.

Total estimated trade (as provided by Department of Revenue) between India and Myanmar through the North-East has grown from Rs. 7752.72 lakhs to Rs. 14452.26 lakhs between 2013-14 and 2015-16.

Some of the steps taken for promoting trade from the North-East region, particularly to Myanmar are as follows:

i. Shifting from barter trade to normal trade; expansion to all tradeable commodities

ii. Increasing trade through sea route by harnessing the proposed Kaladan Multi Modal Transit Transport Facility

iii. Better land connectivity through India-Myanmar-Thailand Trilateral Highway

iv. Improving the land connectivity on Indian side through widening of the Imphal – Moreh road.

v. Comprehensive Telecom Development Plan for North-East

vi. Initiation of better banking facility.

vii. Expansion of rail network in the region

viii. Land Customs Stations (LCS) at Moreh, Zokhawthar andChamphai

ix. Establishment of borderhaats

x. Integrated Check Post at Moreh

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Export of Cash Crops

Government provides financial and technical assistance to the growers and other stakeholders to boost export of cash crops namely tea, coffee, rubber, spices, tobacco and cashew which includes, inter alia, participation in trade fairs, exhibitions, buyer-seller meets, brand promotion, public relation campaigns and incentives for export of value added products.

             The Government has introduced unified export promotion scheme for merchandise exports including that of cash crops viz. Merchandise Export from India Scheme (MEIS). The scheme provides incentive in the form of duty credit scrip to the exporter to compensate for his loss on payment of duties. The incentive is paid as percentage of the realized FOB value (in free foreign exchange) for notified goods going to notified markets. 




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