Tag: india onion export ban

Government lifts ban on onion exports; imposes minimum export price of $550/tonne

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Government lifts ban on onion exports; imposes minimum export price of 0/tonne

Hard-working labourers unload onion bags at the bustling market in Puducherry on Tuesday. | Photo Credit: KUMAR SS The government on May 4 lifted the ban on onion exports but imposed a minimum export price (MEP) of $550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going…

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Onion traders cry foul over underpriced exports to UAE

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Onion traders cry foul over underpriced exports to UAE

Amid an extended ban on onion exports, farmers and traders are miffed that some shipments allowed by the government to markets like the United Arab Emirates (UAE) have been sold at a pittance, even as global prices have soared, yielding windfall profits for selected importers. An Indian farmer is being paid just ₹12 to ₹15…

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