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GROUP MEMBERS
NAMES ROLL NO
KHAN FAISAL 01
ASADULLAH ANSARI 03
VIVEK JAISWAL 17
KHAN MARIYA 24
ABDULBER KHATRI 30
ALY MERCHANT 33
RONAK SAWANT 42
SHAIKH AFTAB 48
SHAIKH SHADAB 52
SHAIKH ANDILIB 56
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To decide which business to do
Proper planning on that business
Sufficient Capital
Man power
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THE PRODUCT WE SELECTED IS..
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Our company name is
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India stands first in rice area and second
in rice production.
India contributes 21.5% of global rice production.
Rice is the important cereal food crops which contributes 43% of the total
food grains production in India.
The demand for Indian rice in Foreign countries is quite demandable
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WHEN IT IS SUITABLE TO CULTIVATE RICE
Rice is grown under a damp warm climate.
For cultivation of rice the temperature should be minimum 20C to
37.7C.
Rice is a semi-aquatic crops, grows best in submerged, waterlogged
condition.
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Types of rice
BASMATI
This is world famous & it is the most popular rice in India.
The name itself stated that The Fragrant type
(in Sanskrit).
These rice have long grains and they do not stick to each
other when cooked.
It has a lovely fragrance and is available in brown and whitecolor.
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AMBEMOHAR RICE
This rice is grown on a large scale in Maharashtra.
When cooked, it gives the fragrance of blossoms of Mango.
This rice is preferred the most as it is soft & easy to chew.
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DUBRAJ RICE
It is one of the popular rice types in India which is very much popular inMadhya Pradesh and Chhattisgarh.
It is an aromatic rice and its rice grain is available in sizes from short to
medium.
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Factors influencing the price of rice
WEATHER
Role of weather in rice production is immense.
Temperature, rainfall land soil moisture are the important parametersthat determine the crop condition.
Further, natural calamities can also affect crops. Markets keep watch of
these developments.
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MINIMUM SUPPORT RICE
Changes in the minimum support prices (MSP) by the government also
have immense impact on the price of rice.
SUBSTITUTE PRODUCT
Availability of substitute products at cheaper rate may lead to weakness
in demand. This situation happens especially when the main
products price tends to become higher.
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CONSUMPTIONRice consumption depends on two factors - population and
income. For example, rice is the staple food of Asia. Low-incomegroups consume more rice according to the per capita income
increase. But as the income increases, there arrives a point when
the consumption starts to dip. Income growth hand reduction
in population result in a low consumption of rice
DEMAND
Import demands as well as domestic demand influences theprice of rice in domestic as well as international market
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HOW RICE IS EXPORTED
There are four distinct steps for exporting of rice
1. To determine exactly what and how much you intend to export.
2. To determine what your rice equivalent grade is i.e. comparing the other
grades of rice of different countries as per the needs of the people.3. To determine your method of payment and locate a supplier.
4. To determine the required volume of rice that need to be exported.
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PROBLEM OF RICE EXPORT IN INDIA
India is facing stiff competition in the world markets for export of rice.Besides, there are many domestic problems for rice exporters.
As per the state Govt. policy, various taxes are imposed on rice exports,such as the states are imposing Purchase Tax (on indirect export), Market
Fees, Rural Development Fund, Administrative Charges etc. These taxesare rendering the pricing of rice internationally in competitive.
There is lack of proper infrastructural facilities. Many times exporters,when they carry their stock to sea port and if the stock is not loaded due
to some reason or the other, exporters do not find go down or properplace to store their stocks properly and safely at sea port, exporters haveto face lot of difficulties, besides, it adds additional expenditure to theexporters.
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EXPORT DOCUMENT
INTRODUCTION
An exporter without any commercial contract is completely exposed of
foreign exchange risks that arises due to the probability of an adverse
change in exchange rates.
Therefore, it becomes important for the exporter to gain some knowledge
about the foreign exchange rates, quoting of exchange rates.
Export from India required special document depending upon the type of
product and destination to be exported.
Export Documents not only gives detail about the product and its
destination port but are also used for the purpose of taxation and quality
control inspection certification.
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SHIPPING BILL/BILL OF EXPORT
Shipping Bill/ Bill of Export is the main document required by the
Customs Authority for allowing shipment. A shipping bill is issued by the
shipping agent and represents some kind of certificate for all parties,
included ship's owner, seller, buyer and some other parties. For each one
represents a kind of certificate document.
Documents Required for Post Parcel Customs Clearance. In case of Post
Parcel, no Shipping Bill is required. The relevant documents are mentioned
below:
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CUSTOMS DECLARATION FORM DISPATCH NOTE
COMMERCIAL INVOICE
LIGALISED/VISAED INVOICE
CERTIFIED INVOICE
PACKING LIST
CERTIFICATE OF INSPECTION
BLACK LIST CERTIFICATE
MANUFACTURES CERTIFICATE CERTIFICATE OF SHIPMENT
HEALTH/VETINARY/SANITARY CERTIFICATE
CERTIFICATE OF CONDITION
SHIPPING ORDER
CART/LORRY TICKET SHUT OUT ADVICE
SHORT SHIPMENT FORM
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PRODUCTION OF RICE IN INDIA
Production (in mn tones )
Consumption (in kg/hectare)
0
50
100
150
200
250
2000-01 2001-02 2002-03 2003-04 2004-05 2006-07
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ROLE OF RICE IN EXPORT EARNING
BASMATI RICE
Rice plays an important role in the export earnings of the country.
Export value realized from the export of Basmati rice during 1993-94 wasRs. 1,061.26 crores and it declined during the subsequent two years.
During 1996-97, export earnings from Basmati rice was Rs. 1,247.64
crores, which increased during subsequent years and it was recorded Rs.
1,876.91 crores during 1998-99 and again declined during 1999-2000 and
reached maximum to Rs. 2,165.96 crores during 2000-01, but againdecreased to Rs. 1,839.08 crores during 2001-02.
Thus, there was a considerable fluctuation in the export earnings of
basmati rice during the last nine years, i.e., 1993-94 to 2001-02.
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OTHER RICE
Other rice is next to Basmati rice, which is exported from India to many
countries in the world. The export value of other rice also contributes
considerable share in the export earnings of total agricultural products.
Export value realized from the export of other rice during 1993-94 was Rs.
225.46 crores and it increased during the subsequent years up to 2001-02.
During 1994-95 the export value of other rice was Rs. 340.47 crores and it
increased to Rs. 3,717.41 crores during 1995-96 but it decreased to Rs.
1,924.72 crores and Rs. 1,685.38 crores during 1996-97 and 1997-98.
However, the export earnings from the export of other rice during 1998-99again increased to Rs. 4,403.85 crores, which was an all time high and
again declined to Rs. 1,345.58 crores, Rs. 777.26 crores and Rs. 1,324.36
crores during 1999-2000, 2000-01 and 2001-02 respectively.
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EXPORT SUBSIDIESExport subsidy reduction commitments have been made under the
Uruguay Round Agreement on Agriculture (URAA) by Colombia, Indonesia,
Uruguay, the EC and the United States.
The actual use of export subsidies has fallen short of the aggregate ceiling,
although information is difficult to get even from the WTO.
Export subsidies have been used by India since mid-2001 to promote
exports of rice held by the government.
Food Corporation of India. According to the WTO, India is not eligible to
use export subsidies on rice, but the country claims that under the URAA
(Article 9-4) the country is exempt from commitments on export subsidies
for marketing, processing and transportation.
While this position is questionable, the country has to date not been
challenged on that account by other countries in the WTO.
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RESTRICTION ON EXPORTSThe Commerce Ministrys decision permitting export of up to 10 lakh
tones (lt) of rice to African countries through parastatals is subject to the
shipments containing a minimum 25 per cent broken content.
The rice to be exported shall be with a minimum of 25 per cent of
broken, the Directorate General of Foreign Trades (DGFT) notification,
dated May 6, has said.
On the other hand, you have a condition of a minimum export price
(MEP) of $1,100 a tone below which no basmati rice can be shipped out.
And now, the same Commerce ministry is saying that you can export non-
basmati rice only if it has a minimum 25 per cent broken, whichcorresponds to the most commonly consumed grades here, said Mr. Vijay
Sethia, former President of the All-India Rice Exporters
Association(AIREA).
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EXPORT OF BASMATI RICE FROM INDIA
Basmati Rice, the leading aromatic fine quality rice in world trade,fetches good export price in international market for its three distinctquality feature: pleasant aroma, super fine grains and extreme grainelongation.
Nearly two third of Basmati Rice produced in India is exported. Indiaaccounts for about 70 percent of the world's basmati production. Each
year, India produces nearly 2.25 lakh tones of rice.Almost1.25 lakh tone is consumed by Indias residents. The rest is left forexports.
The countries were Basmati rice is exported include Saudi Arabia, UAE,European Union countries, USA, UK, Germany, Australia, Austria, Russia,Singapore, Iran, Kuwait, Bahrain, Spain, Italy, France, Denmark and
Norway.
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Export of other rice from India
India is also exporting a substantial quantity of other rice to variouscountries in the world.
However, the export of non-basmati rice has been fluctuating year to yeardue to weather conditions affecting the production of non-basmati rice.
The export of other rice from India was on its peak during2004-05 and a
total quantity of 45.41 lakh metric tons was exported to differentcountries in the world.
Again the export crossed to43.66 lakh metric tons during 2006-07, butduring subsequent years, the export of non-basmati rice again came downsignificantly due to various reasons.
The countries where other Rice is exported include Saudi Arabia,Bangladesh, Australia, Bahrain, Ethiopia, Hong Kong, Korea, Sri-Lanka,Maldives, Mauritius, U.A.E., Malaysia, Qatar, Nepal, Indonesia, Somalia,Singapore, etc.
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conclusion
India is one of the richest countries in the world in terms ofpossessing tremendous diversity in rice varieties.
There are different varieties of rice-depending on the weather, soil,
structure, characteristics and purposes.
The multifunctionality of agriculture in terms of environmental,social and cultural concerns is being used to defend the permanence ofblue and green box payments.
In developed countries where rice is a non-marginal crop, theelimination of blue or green box support would considerably impair thesector.
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Rice production sites are often the natural habitat of a wide varietyof birds and plants.
Water management in rice lands ensures that the soil desalination
process essential to the maintenance of land fertility takes place.
Environmental concerns are consequently a frequently used weapon indefense of the sector.
Rice is a major food staple and a mainstay for the rural population and
their food security. It is mainly cultivated by small farmers in holdings of
less than 1 half.
Rice is a major food staple and a mainstay for the rural population and
their food security. It is mainly cultivated by small farmers in holdings of
less than 1 half.
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AGENCIES EXPORTING RICE 1. SHRIL: An ISO 9001-2000 Certified Company dealing in Indian long grain
white basmati rice, brown basmati rice.
2. SRI GAJANAN AGRO MILL (INDIA) PVt ltd: NIZAMABAD,
ANDHRAPRADESH: Since last 50 years in the processing of high quality
premium grade non basmati rice and broken rice.
3. TRISTAR OVERSEAS, New Delhi, Delhi: Exporter of variety of basmatirice like traditional basmati rice, pure basmati rice, sharbati rice, shabnam
basmati rice, parmal basmati rice
4. USA RICE: USA Rice Federation is a national association representing
producers, millers and allied businesses advancing the use and
consumption of U.S. 5. BASMATI ASSOCIATES, Navi Mumbai, and Maharashtra: Basmati rice
traders and ex porters and provides the premium brand of basmati from
the company Jagat Agro in Mumbai.
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