Health Care

Minimum Export Price Of Onion Fixed At $850

Minimum Export Price Of Onion Fixed At $850”

The government has notified Minimum Export Price of onion at 850 dollars per tonne to ensure its availability in the domestic market.

Minimum Export Price is the minimum rate below which exports are not allowed. Farmers, however, are concerned that the decision could affect the price of kharif-season onions when their arrival picks up from the second half of December. However, with Pakistan banning onion exports and the overall price of the bulb in the worldwide market being high, import in large quantities was not feasible.

Summary: The retail prices of good quality onions in Nashik have touched Rs 50 per kg, while the retail prices in major cities like Mumbai and Delhi have reached up to Rs 60 per kg.

More news: Honda is working on electric cars that can recharge in 15 minutes

The Government has also asked state-run Metals and Minerals Trading Corporation of India (MMTC) for importing 2,000 tonnes of onion, whereas other agencies such as Small Farmers' Agri Business Consortium (SFAC) and National Agricultural Cooperative Marketing Federation of India (Nafed) to source onions from the domestic market for supplying in consuming areas. This led to a rise in onion exports during fiscal 2016-17.The average wholesale onion prices have increased thrice in the past two months from Rs 1,250 per quintal on September 19 to Rs 3,200 per quintal on November 23 due to short supply.

Onion exports during April-July rose 56% from a year earlier to 1.2 million tonnes. Also, the new 2017-18 kharif crop - which is being harvested - is expected to be less owing to fall in acreage. The kharif crop, however, can not be stored.



Like this

loading...
loading...

Latest


24 November 2017
UMANG e-governance app for Aadhaar, PAN, Passport, NPS at web
In case you could not search for the application, you can give a missed call or SMS to "9718397183" to receive a download link . People who are looking for job can also register themselves under the Pradhan Mantri Kaushal Vikas Yojana using this app.

24 November 2017
Rita Ora puts her eggs on ice
Ricky - who is the son of fashion designer Tommy Hilfiger - and Rita dated for 13 months and ended their relationship in 2015. I just wanted to really be safe. "Maybe that is me being insane but." the Your Song hitmaker shrugged.

24 November 2017
Alshon Jeffery Doesn't Think Much of Facing Old Team
Let us know your thoughts in the comments section below! I am here in Philly now and I love it. "That's what we decided". The Bears have been seemingly searching for a quarterback since the days of Jim McMahon.

24 November 2017
Extraordinary match! Kerala wins U-19 cricket match in one ball
The opener Menka was the only batter to get her name on the board with a solitary run as all others were dismissed for a duck. What is further more embarrassing for Nagaland is that they won the toss and chose to bat.

24 November 2017
Opositor Antonio Ledezma lanzó advertencia a Nicolás Maduro
Ledezma fue recluido en el penal militar de Ramo Verde, donde pasó dos meses antes de ser beneficiado con una medida de arresto domiciliario por razones de salud.

24 November 2017
Barnier says European Union will not compromise standards in future United Kingdom trade deal
We've seen some good and positive decisions for the United Kingdom , but they were taken prior to the referendum. The Brexit talks between, which kicked off on June 19, are expected to wrap up before the end of March 2019.

24 November 2017
Ayushmann Khurrana to romance Sanya Malhotra?
The film is reported to revolve around the story of a family that faces an unexpected news , and they are coming to terms with it. It has been fantastic working with Ayushmann and we are now looking forward to collaborating with him again on Badhaai Ho .

24 November 2017
Man in custody after partner was shot dead
A few minutes later that auto then collided with a silver vehicle being driven by a woman, on Furlong Road near Cooke Avenue. A woman has been shot dead and her suspected killer involved in a auto crash and carjacking in Melbourne overnight.

24 November 2017
Record traffic expected on New England roads over Thanksgiving holiday
And travel by other means, such as trains, buses and cruises, will increase 1.1 percent to 1.5 million Thanksgiving travelers. AAA says more than 1.6 million people living in MI will travel 50 miles or more for turkey and all the trimmings this year.

24 November 2017
Sagarika Ghatge -Zaheer Khan Throw A Starry Wedding Party
He retired from worldwide cricket in 2015 while Sagarika was last seen in Naseeruddin Shah starrer Irada earlier this year. The couple decided that they will not opt for Hindu wedding ceremony or Nikah and instead opted for a court marriage.