On 1 August 2016, the Government permitted exports of basmati rice through Land Custom Stations on the Indo-Bangladesh and Indo-Nepal borders, subject to volumes being registered with the Director General of Foreign Trade (DGFT). Effective 1 October 2016, exports of basmati rice under Documents against Acceptance will no longer be permitted, unless such transactions are guaranteed by a bank or the Export Credit Guarantee Corporation of India, Ltd. (ECGC). The measure aims at stimulating exportation of basmati rice.