Minimum Export-price

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Minimum Export-price - Total results - 11
Govt decides to lift 6-month old ban on onion exports; prices expected to fall sharply due to bumper rabi crop
Business

Govt decides to lift 6-month old ban on onion exports; prices expected to fall sharply due to bumper rabi crop

India, the world’s biggest exporter of onion, banned exports of onions in September last year to keep domestic supplies intact after flooding in several states worsened seasonal shortages, leading to a spike in local prices

Onion prices shoot to Rs 70-80 per kg despite govt measures; Centre mulls imposing stock limits
Business

Onion prices shoot to Rs 70-80 per kg despite govt measures; Centre mulls imposing stock limits

There is a disruption in supply of onions in the wake of excess monsoon rains in the major growing states

Onion prices touch record Rs 4,500 a quintal, steepest since December 2017; rates triple since July this year
Business

Onion prices touch record Rs 4,500 a quintal, steepest since December 2017; rates triple since July this year

The price of onions has almost tripled since 31 July this year, when the rate was recorded at Rs 1,250 per quintal at Lasalgaon.

Govt imposes $850/tonne MEP on onion exports; move aims at bringing down spiralling domestic prices
Business

Govt imposes $850/tonne MEP on onion exports; move aims at bringing down spiralling domestic prices

he government on Friday imposed a minimum onion export price of $850 per tonne to curb its shipments and help bring down spiralling domestic prices

To boost overseas shipments, govt reduces minimum export price of onions to $400/tonne
Business

To boost overseas shipments, govt reduces minimum export price of onions to $400/tonne

In August, the government had hiked onion MEP to $700 per tonne from $425

Cabinet eases curbs on onion shipments, cuts export price by 30 percent
Economy

Cabinet eases curbs on onion shipments, cuts export price by 30 percent

The cabinet on Wednesday cut the minimum export price for onions by 30 percent, relaxing some of the curbs imposed on overseas shipments in the past two months to augment domestic supplies and rein in soaring prices.<br />

The middleman problem: Why onions will bring tears to Modi’s eyes
India

The middleman problem: Why onions will bring tears to Modi’s eyes

Narendra Modi's top priority during the election rallies was not creating jobs or manufacturing, it was to bring down inflation.

Govt cuts onion export floor price by more than half to $150/tn
Economy

Govt cuts onion export floor price by more than half to $150/tn

Prices continued to rise and had touched about Rs 100 a kg in mid-October following unseasonal rainfall and alleged hoarding by traders.

Pawar urges Centre to scrap onion minimum export price
Economy

Pawar urges Centre to scrap onion minimum export price

Farmers in producing states such as Maharashtra have been protesting and have made representations to Pawar, demanding the removal of export restrictions.

Govt may import onions, prices soar to Rs 90/kg
India

Govt may import onions, prices soar to Rs 90/kg

Onion prices soared to all-time high of Rs 90 per kg in major cities today, prompting the government to consider importing the commodity to cool rates.

Govt removes cap on export branded edible oil
Business

Govt removes cap on export branded edible oil

The MEP of $1,500 per tonne has been fixed on branded edible oil exports.