Indian Rice exports to EU under threat of ban over quality issue
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NEW DELHI - Indian basmati rice may face the closed doors of the EU due to the new regulations that EU has imposed on chemical residues.
A fungicide named tricyclazole which Indian farmers use to prevent leaf and neck blast in basmati paddy varieties was banned by EU.
European Union has issued a notification that residues above 0.01 ppm will not be allowed in the basmati imports after Dec 31, 2017.
All India Rice Exporters’ Association seeks Indian PM’s intervention to revoke EU ban on basmati rice.
Fortunately, basmati rice grown in Pakistan do not need the use of the chemical fungicide that Indian farmers use and hence stand to gain from the ban on the Indian exports.
India exports 4 million tonnes of basmati rice every year which s valued around Rs 22,000 crore. The country exports 350,000 tonnes of basmati to EU which is valued around Rs 1700 crore.
