
India exported a record 2.5 MT of onion 2022-23, which is an increase of 65% from the previous fiscal.
The procurement will ensure domestic wholesale rates remain stable and do not fall sharply because of the ban.
Imposes tighter stock-holding norms for wheat, allows duty-free import of yellow peas
The government enhanced the onion buffer stock target from 3 lakh tonnes to 5 lakh tonnes this year.
India is the biggest producer of onion and Maharashtra, Madhya Pradesh, Karnataka and Gujarat have more than 70% share in…
They feel the centre’s move to impose export duty on onions till December 31, 2023 will adversely hit prices.
The government has created a buffer stock of 3 lakh tonne of onion for 2023-24 fiscal.
Disposal of onion is likely to take place through e-auction and retail sales on e-commerce platforms.
Prices expected go up further
Unseasonal rains in the last one month have impacted onion crops in two key producing states — Maharashtra, and Madhya…
“Government has not restricted or prohibited the export of onions,” the ministry said in a statement.
India exported 1.5 MT of onion valued at $468 million in 2021-22.
India exported 1.4 million tonne (MT) of onion valued at Rs 1,301 crore in 2021-22. Bangladesh and Malaysia had 46%…
Around 90% of the onion will be purchased at the prevailing market price from the wholesale markets and farmers producers’…
Exporters said total exports to Sri Lanka and Bangladesh have dropped from 4,000-5,000 tonne per week to 1,500 tonne a…
Onion prices have been on the higher side despite good arrivals. On Thursday, market arrivals at Lasalgaon, the country’s largest…
To reduce wastage of onion, the government has decided to add 56,800 tonnes of storage capacity for the vegetable in…
Farmers in Maharashtra took to the streets on Thursday to protest against falling onion prices in the state.