Pawar asks Commerce Ministry to scrap minimum export price for onions
11 years, 3 months ago

Pawar asks Commerce Ministry to scrap minimum export price for onions

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Onion prices have fallen below Rs 10 per kg at Lasalgoan in Maharashtra, the largest wholesale onion market in Asia, from a high of Rs 60 per kg in September. New Delhi: Amid protests by farmers against crashing domestic prices, Agriculture Minister Sharad Pawar has asked the Commerce Ministry to scrap the minimum export price for onions to help boost overseas shipments. “Pawar has written to the Commerce Minister pointing to the crashing wholesale prices of onions at major producing centres and requested him to encourage exports to help farmers by removing the minimum export price of onions,” sources said. Last week, the Commerce Ministry lowered the onion MEP to USD 350 per tonne from USD 800 per tonne to arrest the fall in prices by encouraging farmers to export.

History of this topic

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