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Economy, Industry & Agriculture

The Hindu BusinessLine — Economy · 24 Oct
Can India move from being the world’s biggest Basmati rice exporter to its most trusted? ↗

Consider the following statements regarding India's basmati rice exports and the regulatory framework governing access to premium international markets:

Statements

  1. Basmati rice is a Geographical Indication (GI) protected commodity, meaning its authenticity is legally linked to specific agro-climatic regions of origin, and misrepresentation of specification by any supply-chain actor — farmer, miller, or trader — can undermine the collective reputation of all Indian exporters.
  2. Farm-to-mill traceability for basmati exports to regulated markets such as the European Union is primarily a voluntary premium feature that exporters offer to command higher prices, rather than a baseline compliance requirement.
  3. Maximum Residue Level (MRL) non-compliance in a destination market creates consequences for the exporting country's industry as a whole, not merely for the individual shipment found to be non-compliant, because it shapes the quality perception of all exporters from that origin.

Which of the statements given above is/are correct?

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