fbpx

India prohibits the export of onions

Reading Time: 2 minutes
Source: Twitter

Yesterday the Indian government announced that it has decided to prohibit the export of onions with immediate effect.

“The export of all varieties of onions… is prohibited, with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification in this regard.

“The provisions under ‘Transitional Arrangement’ shall not be applicable under this notification.”

Source: Twitter

READ ALSO: India’s biggest piggery development project launched in Meghalaya

In the revised policy, the export of all varieties including ‘Bangalore Rose’ onions and ‘Krishnapuram’ onions but excluding onions in cut, sliced or broken in powder form, has been prohibited.

These varieties of onion were free for export till now.

The Economic Times reported that an official aware of the development cited lack of vegetable stock in the national market.

“Rates have increased and there is shortage of onion in the domestic market. While this shortage is seasonal, a huge amount of exports were done in the last few months during the Covid-19 pandemic,” the official said.

Source: Twitter

READ ALSO: Gordon Ramsay: I would love to open a restaurant in India

India exported 270 million AUD worth of onions in the April-June period of fiscal year 21 and 600 million AUD between 2019 and 2020.

Bangladesh, Malaysia, UAE and Sri Lanka are the top importers of Indian onions.

The daily also reported that India had banned the exports of the key kitchen staple, in 2019, in the wake of its rising prices in the country and set the minimum export price (MEP) of onion at 1,160 AUD a tonne to curb its shipments. It would also help to bring down soaring prices in the domestic market due to floods in parts of major growing states of Maharashtra and Karnataka.

Additionally, the MEP was lifted in March this year and onions were made free for export.

IANS

- Advertisement -

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
- Advertisement -

Podcasts

Let’s Talk Boosters: Indian Link podcast

0
  In LET'S TALK BOOSTERS, a new podcast series by Indian Link, host Ekta Sharma quizzes Dr Kritman Dhamoon of Blacktown Hospital Sydney about booster...
Frontline worker Parita Patel (inset). Image supplied

‘Serving the community’: COVID testing in remote NSW

0
  The past two years have been a rollercoaster of COVID-19 related turmoil; from isolating lockdowns, closed borders, to trying to help Indians in the...

Ep 9: What do young Indians want from love?

0
  Growing up in Indian culture, most of us know that love has never been as popular as marriage. Even in the movies, the main...
- Advertisement -

Latest News

murugappan family home to bilo

Confirmed: Murugappan family are going #HomeToBilo

0
  Interim Minister for Home Affairs Jim Chalmers has intervened in the immigration case of the Murugappan family to allow them to return to Biloela. Exercising...
tomb of sand booker prize

‘Tomb of Sand’ becomes first Hindi novel to win Booker Prize

0
  Geetanjali Shree’s Ret Samadhi, translated to English by Daisy Rockwell as Tomb of Sand, is the winner of the 2022 International Booker Prize. It...
Baljeet Kaur mountaineer

Baljeet Kaur, an Indian mountaineer, sets a record by summiting four...

0
  On Sunday, Baljeet Kaur, a 27-year-old woman set a record and became the only Indian mountaineer to scale four 8000m peaks in less than...
new normal still isha and appu

REVIEW: New Normal

0
  A pivotal conversation that surrounds LGBTQIA+ discourse is the need to normalise queer relationships, as that is what they are — normal. In late April,...

India, Australia review cooperation under Comprehensive Strategic Partnership

0
  Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese on Tuesday reviewed the multi-dimensional cooperation under the Comprehensive Strategic Partnership. Cooperation under the partnership...