Stay updated with breaking news from Minimum Export Price. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
On December 8, the Centre banned onion exports till March 31 next year to increase domestic availability and keep prices under check. This has led to protests by onion farmers in Maharashtra's Nashik district.
Onion prices have started inching up amid reports of lag in onion coverage in the ongoing kharif season.
Last week, the govt banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg
The government expects onion prices to fall below Rs 40 per kilogram by January from the current average price of Rs 57.02 per kilogram, Consumer Affairs secretary Rohit Kumar Singh said on Monday. Last week, the government banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg. To a query on when the onion prices are expected to fall below Rs 40 per kg, Singh said, 'very soon... January'
Last week, the government banned onion exports till March next year after the retail sales price of the kitchen staple crossed Rs 80 per kg in the national capital and the prices in mandis remained around Rs 60 per kg. To a query on when the onion prices are expected to fall below Rs 40 per kg, Singh said, "very soon... January".