Due to the increase in the export of rice mainly during April-September 2017 period, India's agricultural exports saw an increase of 13%. Due to stringent quality standards, international dealers fear that the EU can ban imports, so they are storing rice.
Agricultural and Processed Food Products Export Development Authority (APEDA) created a figure that indicates that agricultural products registered in April-September 2016 have increased by $ 7.6 billion and reached $ 8.73 billion this year. When APEDA-registered exports in relation to the rupee estimated an increase of 8.64% and reached Rs 56,183 crores in this period compared to Rs 51,499 crores in the season.
Together, both Basmati and non-Basmati rice were the leaders of agricultural exports, which was 44% of the country's annual shipments of agricultural exports. During April-September, the export of rice has increased 30% and the position of the rupee has increased by 25% compared to the dollar. Since November 1, strict quality testing will be effective, therefore exports have increased, industry experts have said.
The European Food Safety Authority (EFSA) has written a letter to APEDA that, starting on 1st November, Indian basmati rice will have to test pre-shipment residues, which will examine 22 pesticides. It has been said by the Appa that the minimum residual limit for Propiconazole is still under consideration.
During April to September 2016, the export of rice was 2.07 million tonnes and reached 2.13 million tonnes in the same period of the current year. Last year, the export of exporters increased by $ 789 per tonne to $ 997 per tonne, basmati rice export value this year increased from $ 789 per tonne to $ 997 per tonne last year.
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