India lifts ban on Non-Basmati White rice exports, sets minimum $490/tonne price.

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....The notification amends the export policy for Non-Basmati White rice under HS code 1006 30 90 from 'prohibited' to 'free', subject to a Minimum Export Price of USD 490 per tonne. The change comes into immediate effect as per the Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy. The revised policy allows the export of Non-Basmati White rice, provided the export price meets the specified minimum threshold of USD 490 per tonne.....