Increasing basmati rice exports

Increasing basmati rice exports.

You may recall that recently the central government imposed 20% export tax on a few non-basmati varieties of rice.
But no such tax has been levied on basmati rice.
Basmati rice exports from states like Punjab and Haryana are on the rise.
Various countries are buying Indian basmati rice.
The following 3 countries purchase 50 percent of the total basmati rice exports.
Those three countries are Iran, Saudi Arabia and United Arab Emirates.
Not only the export of basmati rice but also its price has increased.
Last year we exported a ton of basmati rice at $868.
A tonne of basmati rice is being exported for $1044 this year.
Through this export they also get good profit.
Although countries like Pakistan are our competitors in basmati rice export, our production and export of basmati rice is increasing year by year.

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