Overview
- The Directorate General of Foreign Trade notified the change with immediate effect, reducing the floor from $2,000 to $1,400 per metric tonne through December 31, 2025.
- Exports of natural honey below the revised threshold are not permitted under the policy.
- The price floor mechanism was first introduced for honey in March 2024.
- India shipped $177.52 million worth of natural honey in 2023–24, providing a baseline to gauge the policy’s impact.
- Sector support continues under the National Beekeeping and Honey Mission, with major production in Uttar Pradesh, West Bengal, Punjab, Bihar and Rajasthan.