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Second train with 840 tonnes of onion arrives in Delhi to boost availability The government on Wednesday said that a second train carrying 840 tonnes of onions from Nashik arrived in the national capital for disposal in the Delhi-NCR area.  Most of the onions will be released in Azadpur Mandi to augment overall availability in the market, while part of the stock will go for retail sale at Rs 35 per kg, said the Ministry of Consumer Affairs, Food and Public Distribution.  The onions have been procured by the National Agricultural Cooperative Marketing F...
Second train with 840 tonnes of onion arrives in Delhi to boost availability
Second train with 840 tonnes of onion arrives in Delhi to boost availability
Source: IANS
2024-10-30 05:34:40 pm
Onion prices likely to dip in Delhi as `Kanda Express` on way Onion prices in Delhi are likely to dip with the arrival of the Centre's 'Kanda Express' in the national capital on Sunday, as per reports.   In the Kanda Express, 1,600 tonnes of onions are being brought to Delhi from Nashik in Maharashtra, the reports said. Through 'Kanda Express', the government is trying to provide relief to the public from high onion prices before Diwali. In recent weeks, onion prices have reached Rs 75 per kg in Delhi. This train has 42...
Onion prices likely to dip in Delhi as `Kanda Express` on way
Onion prices likely to dip in Delhi as `Kanda Express` on way
Source: IANS
2024-10-20 06:03:41 pm
India to sell onions from reserves to check prices India will sell onions from government reserves to bring down prices of the vegetable, consumer affairs secretary said on Thursday. India's retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data released on Monday.
India to sell onions from reserves to check prices
India to sell onions from reserves to check prices
Source: Reuters
2024-10-17 01:50:00 pm
India's onion exports touch 2.6 lakh tons mark in April-July A total quantity of 2.60 lakh tons of onion have been exported during the first four months of the current financial year (2024-25) till July 31, the Parliament was told on Wednesday.  The government has lifted the onion export prohibition from May 4 and has allowed exports with a minimum export price (MEP) of $550 per MT and an export duty of 40 per cent. The net export value earned by India from onion exports for each of the last three years was Rs 3,326.99 crore in 2021-22, Rs 4...
India's onion exports touch 2.6 lakh tons mark in April-July
India's onion exports touch 2.6 lakh tons mark in April-July
Source: IANS
2024-08-08 09:38:04 am
India's government lifts ban on onion exports, sets floor price  India has lifted restrictions on the export of onions, according to an official notification on Saturday, a day after the government announced a 40% export duty. The export ban was imposed by the world's biggest exporter of the vegetable last December and then extended in March. The policy changes comes in the middle of staggered voting in India's national election in which Prime Minister Narendra Modi is seeking a rare third term. Parts of India's onion producing b...
India's government lifts ban on onion exports, sets floor price
India's government lifts ban on onion exports, sets floor price
Source: Reuters
2024-05-04 05:34:47 pm
Government allows export of 99,150 tonnes of onion to 6 countries The government has allowed the export of 99,150 metric tonnes of onion to six countries -- Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka, the Ministry of Consumer Affairs said on Saturday. A ban has been imposed on onion export to ensure adequate domestic availability and keep prices in check as the output of both the Kharif and Rabi crops in 2023-24 are estimated to be lower as compared to the previous year and demand has increased in the international market. The National ...
Government allows export of 99,150 tonnes of onion to 6 countries
Government allows export of 99,150 tonnes of onion to 6 countries
Source: IANS
2024-04-28 09:18:34 am
`Vegetable prices especially potato and onion pose upside risk to food inflation` BoB Essential Commodity Index (BoB ECI) has increased at the fastest pace since August 2023 by 5.9 per cent in March 2024, on YoY basis and by 0.4 per cent, on a sequential basis, says Dipanwita Mazumdar, Economist, Bank of Baroda. On a seasonally adjusted basis, the increase is sharper at 0.8 per cent. Much of this is attributable to the rise in prices of vegetables such as potato and onion. Apart from this, edible oils and pulses have also provided some bit of discomfort on food inflatio...
`Vegetable prices especially potato and onion pose upside risk to food inflation`
`Vegetable prices especially potato and onion pose upside risk to food inflation`
Source: IANS
2024-04-06 05:24:18 pm
Government allows additional 10,000 tonnes of onion exports to UAE The government has allowed the export of an additional 10,000 tonnes of onion to the UAE, through the National Cooperative Exports Ltd (NCEL), as a friendly gesture at a time when the Eid festival is approaching. The order, issued by the Directorate General of Foreign Trade (DGFT) late on Tuesday, will be in addition to the 14,400 tonnes of onion that was earlier permitted for export to the UAE on March 1. This was being done through the NCEL which placed a quantity ceiling of 3,600 metric...
Government allows additional 10,000 tonnes of onion exports to UAE
Government allows additional 10,000 tonnes of onion exports to UAE
Source: IANS
2024-04-04 09:43:02 am
Government directs NCCF, NAFED to start buying 5 lakh tonnes of onion directly from farmers The government has directed the NCCF and the NAFED to start buying 5 lakh tonnes of onion for the country’s buffer requirement directly from farmers as the Rabi-2024 harvest has begun arriving in the market, the Food Ministry said on Tuesday. Government procurement agencies NAFED and NCCF have been told to pre-register the onion farmers to ensure that payments for the produce are transferred to their bank accounts through Direct Benefit Transfer. Rabi onion crop is critical for th...
Government directs NCCF, NAFED to start buying 5 lakh tonnes of onion directly from farmers
Government directs NCCF, NAFED to start buying 5 lakh tonnes of onion directly from farmers
Source: IANS
2024-03-27 09:24:17 am
Government allows export of onion to Bangladesh, UAE with riders The government has allowed the export of 64,400 tonnes of onion to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications issued by the Directorate General of Foreign Trade (DGFT). The export of 50,000 tonnes of onion is being allowed for Bangladesh, while another 14,400 tonnes are being permitted for dispatch to the UAE. The notification states that the modalities for the exports to Bangladesh will be worked out by the NCEL in consultatio...
Government allows export of onion to Bangladesh, UAE with riders
Government allows export of onion to Bangladesh, UAE with riders
Source: Ians
2024-03-04 01:36:22 pm
India bans onion exports until March 31, 2024 India has imposed a ban on exports of onions until March 31, 2024, according to a government order issued late on Thursday. India had previously imposed a minimum export price of $800 per metric ton, until Dec. 31, 2023, to discourage exports, in an effort to curb surging local prices.
India bans onion exports until March 31, 2024
India bans onion exports until March 31, 2024
Source: Reuters
2023-12-09 08:56:30 am
After tomatoes, onion prices hit the sky in Uttar Pradesh After tomatoes, it is now onions that are burning a hole in the pockets of consumers in the festive season. The prices of onions in the retail market have doubled in the past one week, going from Rs 30-35 per kg to Rs 60-80 per kg. This is the second time in the last four months that onion prices are spiralling after August, when the staple had crossed Rs 100 mark. It has further put strain on the kitchen budget following the steep hike in tomato prices just a few months ago. This in...
After tomatoes, onion prices hit the sky in Uttar Pradesh
After tomatoes, onion prices hit the sky in Uttar Pradesh
Source: IANS
2023-11-01 10:22:25 am
Onion prices in Kolkata double in a week Prices of onions in Kolkata have doubled in the past one week to be sold at Rs 75-80 a kilogram in the retail markets. Just a week back, the rates were between Rs 35 and Rs 40 per kilogram. The recent surge in prices has left even the members of the task force of the state government constituted for keeping the prices of essential commodities in the retail market, perplexed. Probably, said a member of the task forces, the double-factor of lesser supply and sudden spurt in the demand ...
Onion prices in Kolkata double in a week
Onion prices in Kolkata double in a week
Source: IANS
2023-10-31 09:43:19 am
Government notifies minimum export price of $800 per metric tonne on onion The government on Saturday notified minimum export price (MEP) of $800 per metric tonne on onion export with effect from October 29 till December 31, 2023. The measure has been taken to maintain sufficient availability of onion to domestic consumers at affordable prices as the quantity of stored Rabi 2023 onion is declining by curbing the quantity of onion exports.  The MEP of $800 per metric tonne translates into about Rs 67 per kg.  Along with the decision to impose MEP o...
Government notifies minimum export price of $800 per metric tonne on onion
Government notifies minimum export price of $800 per metric tonne on onion
Source: IANS
2023-10-29 09:12:28 am
Onion prices up, selling at Rs 50-80 per kg across NCR Onion prices rose up sharply in markets across Delhi-NCR on Thursday. While the staple vegetable was selling at Rs 35 to 40 per kg last week, the prices are touching Rs 50-80 across Delhi-NCR now. The sharp rise of nearly 50 per cent is attributed by customers across Delhi and Noida to the end of Navratri week. "I purchased onions at Rs 40 per kg last week. But, today I bought them for Rs 80 per kg," Shekhar, a resident of Noida, told IANS. Madhu Sharma, a resident of Yo...
Onion prices up, selling at Rs 50-80 per kg across NCR
Onion prices up, selling at Rs 50-80 per kg across NCR
Source: IANS
2023-10-27 11:57:29 am