In an attempt to augment supplies for the domestic markets and in view of decline in kharif production due to the poor monsoon, the Centre is learnt to have decided to abolish import duty on rice.
Officials in the Commerce Ministry said that the government decided to act on the recommendation of the Empowered Group of Ministers on Food, headed by Union Finance Minister, Pranab Mukherjee to cut import duty on rice to zero from 70 per cent till September 2010.
The government had earlier in March 20, 2008 scrapped the customs duty on rice as part of measures to control inflation.
However, it was restored on April 1.
The empowered panel also agreed to continue with the ban on export of non-basmati rice, imposed in April last year.
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