• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, June 8, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt lifts onion export ban; imposes minimum export price of USD 550/tonne

Press Trust of india by Press Trust of india
May 4, 2024
in BUSINESS
A A
0
Govt lifts onion export ban; imposes minimum export price of USD 550/tonne
FacebookTwitterWhatsapp

New Delhi: The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne, amid ongoing Lok Sabha elections in the country.

Last night, the government imposed a 40 per cent duty on export of onions.

More News

LPG Price Hike: Govt says rates in India among world’s lowest despite 46% jump in global benchmark

Why aren’t BJP leaders taking to streets with cylinders in protest now: Cong’s dig on LPG price hike

India’s space economy can expand to USD 45 billion over next 7-8 years: Jitendra Singh

Load More

In August last year, India had imposed a 40 per cent export duty on onions up to December 31, 2023.

“The export policy of onions is amended from prohibited to free subject to MEP of USD 550 per metric ton with immediate effect and until further orders,” the directorate general of foreign trade (DGFT) said in a notification.

On December 8, 2023, the government banned export of onions from March 31 this year. In March, the export prohibition was extended till further orders.

In March, the Union Agriculture Ministry released the data for onion production.

As per the data, onion production in 2023-24 (First Advance Estimates) is expected to be around 254.73 lakh tonnes compared to around 302.08 lakh tonnes last year. This is due to a decrease of 34.31 lakh tonnes output in Maharashtra, 9.95 lakh tonnes in Karnataka, 3.54 lakh tonnes in Andhra Pradesh and 3.12 lakh tonnes in Rajasthan, the data showed.

Last month, in an official statement, the Ministry of Consumer Affairs, Food and Public Distribution said the government has allowed export of 99,150 tonnes of onion to six neighbouring countries of Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka.

Farmers in Maharashtra had protested against the export ban.

The Congress last month accused the Narendra Modi government of “callously neglecting” Maharashtra’s onion farmers reeling due to the ban on onion exports and said that its manifesto promises a predictable import-export policy to prevent such catastrophic last-minute policies being imposed on farmers.

Previous Post

NCLT registers 43% jump in debt resolution cases: IBBI

Next Post

Shah mocks Rahul for contesting from two LS seats, says he will lose Rae Bareli by huge margin

Press Trust of india

Press Trust of india

Related Posts

LPG Price Hike: Govt says rates in India among world’s lowest despite 46% jump in global benchmark

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
June 7, 2026

New Delhi: Indian households continue to pay among the lowest prices for cooking gas globally despite a sharp rise in...

Read moreDetails

Why aren’t BJP leaders taking to streets with cylinders in protest now: Cong’s dig on LPG price hike

Will ask PAC to call AG, CAG to know when was CAG report on Rafale tabled in Parl: Kharge
June 7, 2026

New Delhi:  The Congress on Sunday launched a scathing attack on the Modi government over domestic LPG price hike, asking...

Read moreDetails

India’s space economy can expand to USD 45 billion over next 7-8 years: Jitendra Singh

June 7, 2026

New Delhi:  India's space economy, currently close to USD 9 billion, is expected to expand to about USD 45 billion...

Read moreDetails

LPG price hiked by Rs 29 per 14.2-kg cylinder

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
June 7, 2026

New Delhi: Domestic cooking gas LPG price has been raised by Rs 29 per cylinder, marking the second increase in...

Read moreDetails

PM discusses with EAC measures to further boost growth in times of global turmoil

‘Challenging’ situation due to West Asia war, says PM Modi
June 7, 2026

New Delhi: Prime Minister Narendra Modi on Saturday discussed with the members of the Economic Advisory Council various measures to...

Read moreDetails

Sanctions threat to India would ‘boomerang’ under PM Modi’s leadership: Putin

June 7, 2026

St Petersburg:  Russian President Vladimir Putin has said that any attempt to undermine India's sovereignty through "threats of sanctions" would...

Read moreDetails
Next Post

Shah mocks Rahul for contesting from two LS seats, says he will lose Rae Bareli by huge margin

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.