Centre Bans On The Export Of Onion Till Next Year
Delhi/Hyderabad, Dec 8 (Maxim News): The Central government has taken a sensational decision. A ban has been imposed on onion exports till March 2024. The orders have been issued today.
The Center has made it clear that the ban on onion exports is to control prices and orders. From now on, any kind of onion grown in our country cannot be exported.
The Center has said that this decision has been taken to reduce the rising onion rates. However, the Directorate General of Foreign Trade (DGFT) said in a notification that onions can be exported if other countries request it.
At present, the price of onion in the retail market in India is Rs. 60 per kg. In some places it is up to Rs. 80 in the market, in august 2023, it imposed a 40 percent customs duty on onion exports. It was again revised in October to set the minimum export price of onion at Rs. 800 per tonne. The latest ban has come into effect.
In 2022-23, the Central government has kept 2.51 lakh tonnes of onion as buffer stock. The Central government had earlier decided to keep 3 lakh tonnes of onion as buffer stock in the season of 2023-24 (Maxim News)
Next Story :
-
Owaisi’s communal politics overshadow the issues facing Hyderabad residents, says Sameer
![Owaisi’s communal politics overshadow the issues facing Hyderabad residents, says Sameer]()
Hyderabad, May 3: Hyderabad DCC President and Congress candidate from Hyderabad Lok Sabha constituency Mohammed Waliullah Sameer has strongly criticised the communal politics of AIMIM President and sitting MP Asaduddin Owaisi and claimed that Owaisi’s focus on divisive politics had eclipsed the real issues affecting the lives of residents in the Old City of Hyderabad.
-
Rains Predicted In Hyderabad From May 7
![Rains Predicted In Hyderabad From May 7]()
Hyderabad, May 3 (Maxim News): After enduring scorching temperatures for over 10 days, some relief from intense heat is on the horizon for Hyderabad and the surrounding regions.
-
Kishan Reddy Reviews Booth Committee Work
![Kishan Reddy Reviews Booth Committee Work]()
Hyderabad. May 3 (Maxim News): Telangana State BJP Chief G. Kishan Reddy asked the booth committees to be vigilant and work hard till the polling date. Kishan Reddy said on Thursday that the party is going to capture the majority of seats in Telangana. However, the party cadre and members of the booth committee should be vigilant in…
-
Hand Over Phone Tapping Case To CBI, NIA: Bandi To Revanth
![Hand Over Phone Tapping Case To CBI, NIA: Bandi To Revanth]()
Hyderabad, May 3 (Maxim News): BJP National General Secretary and Karimnagar MP Bandi Sanjay demanded the State government to handover the probe of the sensational phone tapping case to CBI, and if needed to rope in the NIA as it is related to national security.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
