• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, June 17, 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

El Nino to hit 12 states severely; Chouhan calls for district-level contingency plans for Kharif

Google removes Telegram app from Play Store on govt order, Apple may follow suit

India’s first digital repository of space-sector capabilities launched at ISC

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

El Nino to hit 12 states severely; Chouhan calls for district-level contingency plans for Kharif

Centre to set up Clean Plant facility to provide disease-resistant plants to horticulturists in Kashmir
June 16, 2026

New Delhi:  The impact of El Nino weather phenomenon, linked with a weaker monsoon in India, is likely to be...

Read moreDetails

Google removes Telegram app from Play Store on govt order, Apple may follow suit

NEET-UG re-test: Govt blocks Telegram app till June 22
June 16, 2026

New Delhi:  Google has removed messaging app Telegram from its Play Store, and Apple is likely to follow suit in...

Read moreDetails

India’s first digital repository of space-sector capabilities launched at ISC

June 16, 2026

New Delhi:  India's first comprehensive digital repository of space-sector capabilities, known as the Indian Space Industry E-Catalogue, was launched at...

Read moreDetails

Investors become richer by Rs 18.15 lakh cr in two days of market rally

Equity investors’ wealth plunges Rs 1.36 lakh cr amid sell-off in markets
June 15, 2026

New Delhi:  Investors' wealth surged by Rs 18.15 lakh crore thanks to a two-day rally in the stock market after...

Read moreDetails

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

1st Indian vessel crosses Strait of Hormuz after US-Iran ceasefire
June 15, 2026

New Delhi: A Liquefied Natural Gas (LNG) carrier, chartered by an Indian firm, safely transited through the Strait of Hormuz...

Read moreDetails

World looking towards inclusive, human-centric technologies: PM Modi in France

World looking towards inclusive, human-centric technologies: PM Modi in France
June 14, 2026

Nice (France):  India is no longer just a consumer of global solutions, but a major contributor to them, Prime Minister...

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.