India likely to shift rice exports to NCEL, potentially reducing FCI’s role

India’s white rice exports may face challenges as the government plans to empower the National Cooperative Exports Limited, or NCEL, to take over the white rice free trade, reducing reliance on the Food Cooperation of India, or FCI, sources told S&P Global Commodity Insights on Sept. 6. Even with NCEL’s intervention, allowing the export of white rice would enhance India’s…India’s white rice exports may face challenges as the government plans to empower the National Cooperative Exports Limited, or NCEL, to take over the white rice free trade, reducing reliance on the Food Cooperation of India, or FCI, sources told S&P Global Commodity Insights on Sept. 6. Even with NCEL’s intervention, allowing the export of white rice would enhance India’s…Read More