Govt Extends Ban On De-Oiled Rice Bran Exports Until September 2025

New Delhi, Feb 4 (KNN) The government has extended its prohibition on de-oiled rice bran exports until September 30, 2025, furthering its efforts to maintain domestic supply stability and support the cattle feed industry. 

The announcement, made on Tuesday through the Directorate General of Foreign Trade (DGFT), modifies the existing export policy under the Foreign Trade (Development & Regulation) Act, 1992.

The amendment reclassifies de-oiled rice bran from a 'free' export category to a 'prohibited' status, encompassing multiple ITC(HS) codes. 

This latest extension follows a series of similar restrictions, beginning with the initial ban imposed in March 2024 until July 31, which was subsequently extended to January 31, 2025.

De-oiled rice bran, a critical component in cattle feed production, plays a vital role in supporting India's livestock and dairy sectors.

Industry experts suggest that the government's decision to maintain the export ban is primarily driven by the need to stabilize domestic feed prices, which have seen significant increases in recent months. 

The policy aligns with broader governmental initiatives aimed at enhancing food security and strengthening the agricultural economy.

While the extended prohibition may present challenges for exporters, the decision has garnered support from stakeholders in the dairy and poultry industries, who stand to benefit from the guaranteed availability of this essential feed ingredient in the domestic market. 

The move reflects the government's continued commitment to prioritising domestic agricultural needs over export opportunities.

(KNN Bureau)