{"id":4634,"date":"2023-10-29T09:27:28","date_gmt":"2023-10-29T09:27:28","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=4634"},"modified":"2023-10-29T09:27:28","modified_gmt":"2023-10-29T09:27:28","slug":"govt-imposes-usd-800-tonne-minimum-export-price-on-onion-to-buy-additional-2-lac-tonnes-for-buffer","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/govt-imposes-usd-800-tonne-minimum-export-price-on-onion-to-buy-additional-2-lac-tonnes-for-buffer\/","title":{"rendered":"Govt imposes USD 800\/tonne minimum export price on onion; to buy additional 2 lac tonnes for buffer"},"content":{"rendered":"

NEW DELHI: In\u00a0<\/span><\/span>an\u00a0<\/span>effort\u00a0<\/span><\/span>to\u00a0<\/span>boost<\/a>\u00a0<\/span><\/span>the\u00a0<\/span>supply\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>on\u00a0<\/span><\/span>the\u00a0<\/span>domestic\u00a0<\/span>market\u00a0<\/span><\/span>and\u00a0<\/span>control\u00a0<\/span><\/span>pricing,\u00a0<\/span><\/span>the\u00a0<\/span>government\u00a0<\/span><\/a><\/span>on\u00a0<\/span><\/span>Saturday\u00a0<\/span><\/span>set\u00a0<\/span><\/span>a\u00a0<\/span>minimum\u00a0<\/span><\/span>export\u00a0<\/span>price\u00a0<\/span><\/span>(MEP)\u00a0<\/span><\/span>of\u00a0<\/span><\/span>USD\u00a0<\/span>800\u00a0<\/span><\/span>per\u00a0<\/span><\/span>tonne\u00a0<\/span><\/span>for\u00a0<\/span><\/span>onion\u00a0<\/span><\/span>exports\u00a0<\/span><\/span>through\u00a0<\/span><\/span>December\u00a0<\/span>31\u00a0<\/span><\/span>of\u00a0<\/span><\/span>this\u00a0<\/span>year.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>ruling\u00a0<\/span><\/span>is\u00a0<\/span>effective\u00a0<\/span><\/span>as\u00a0<\/span>of\u00a0<\/span><\/span>October<\/a>\u00a0<\/span>29.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span>addition,\u00a0<\/span><\/span>the\u00a0<\/span>government\u00a0<\/span><\/a><\/span>has\u00a0<\/span>declared\u00a0<\/span><\/span>that\u00a0<\/span>it\u00a0<\/span><\/span>will\u00a0<\/span>purchase\u00a0<\/span><\/span>an\u00a0<\/span>extra\u00a0<\/span><\/span>2\u00a0<\/span>lakh\u00a0<\/span><\/span>tonnes\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>buffer\u00a0<\/span><\/span>in\u00a0<\/span>addition\u00a0<\/span><\/span>to\u00a0<\/span>the\u00a0<\/span><\/span>5\u00a0<\/span>lakh\u00a0<\/span><\/span>tonnes\u00a0<\/span><\/span>that\u00a0<\/span><\/span>it\u00a0<\/span><\/span>has\u00a0<\/span>already\u00a0<\/span><\/span>purchased.<\/span><\/span><\/span> <\/span><\/span><\/span>All\u00a0<\/span><\/span>onion\u00a0<\/span><\/span>varieties\u2014aside\u00a0<\/span><\/span>from\u00a0<\/span><\/span>Bangalore<\/a>\u00a0<\/span><\/span>Rose\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Krishnapuram\u00a0<\/span><\/span>onions\u2014as\u00a0<\/span><\/span>well\u00a0<\/span>as\u00a0<\/span><\/span>chopped,\u00a0<\/span><\/span>sliced,\u00a0<\/span><\/span>or\u00a0<\/span><\/span>broken\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>in\u00a0<\/span><\/span>powder\u00a0<\/span>form\u00a0<\/span><\/span>are\u00a0<\/span>covered\u00a0<\/span><\/span>by\u00a0<\/span>the\u00a0<\/span><\/span>MEP.<\/span><\/span><\/span> <\/span><\/span><\/span>“Onion\u00a0<\/span><\/span>exports\u00a0<\/span><\/span>are\u00a0<\/span><\/span>free.<\/span><\/span><\/span> <\/span><\/span><\/span>MEP\u00a0<\/span><\/span>of\u00a0<\/span><\/span>USD\u00a0<\/span>800\u00a0<\/span><\/span>FOB\u00a0<\/span>(free\u00a0<\/span><\/span>on\u00a0<\/span><\/span>board)\u00a0<\/span><\/span>per\u00a0<\/span><\/span>tonne\u00a0<\/span><\/span>is\u00a0<\/span>enforced\u00a0<\/span><\/span>through\u00a0<\/span><\/span>December\u00a0<\/span>31,\u00a0<\/span><\/span>2023,\u00a0<\/span><\/span>according\u00a0<\/span>to\u00a0<\/span><\/span>a\u00a0<\/span>statement\u00a0<\/span><\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>Directorate\u00a0<\/span>General\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Foreign\u00a0<\/span>Trade.<\/span><\/span><\/span> <\/span><\/span><\/span>According\u00a0<\/span><\/span>to\u00a0<\/span>an\u00a0<\/span><\/span>official\u00a0<\/span><\/span>statement,\u00a0<\/span><\/span>the\u00a0<\/span>action\u00a0<\/span><\/span>will\u00a0<\/span>support\u00a0<\/span>keeping\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>reasonably\u00a0<\/span>priced\u00a0<\/span><\/span>and\u00a0<\/span><\/span>sufficiently\u00a0<\/span>available\u00a0<\/span><\/span>to\u00a0<\/span>domestic\u00a0<\/span><\/span>consumers\u00a0<\/span><\/span>as\u00a0<\/span><\/span>the\u00a0<\/span>amount\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rabi\u00a0<\/span><\/span>2023\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>being\u00a0<\/span>stored\u00a0<\/span><\/span>is\u00a0<\/span><\/span>decreasing.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>MEP\u00a0<\/span><\/span>of\u00a0<\/span><\/span>USD\u00a0<\/span>800\u00a0<\/span><\/span>per\u00a0<\/span><\/span>tonne\u00a0<\/span><\/span>is\u00a0<\/span><\/span>equivalent\u00a0<\/span>to\u00a0<\/span><\/span>roughly\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>67\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg.<\/span><\/span><\/span> <\/span><\/span><\/span>Since\u00a0<\/span><\/span>the\u00a0<\/span>second\u00a0<\/span>week\u00a0<\/span><\/span>of\u00a0<\/span><\/span>August,\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>buffer\u00a0<\/span><\/span>have\u00a0<\/span>been\u00a0<\/span><\/span>regularly\u00a0<\/span><\/span>disposed\u00a0<\/span><\/span>of\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>nation’s\u00a0<\/span><\/span>key\u00a0<\/span><\/span>consumption\u00a0<\/span><\/span>hubs.\u00a0<\/span><\/span>They\u00a0<\/span><\/span>have\u00a0<\/span>also\u00a0<\/span>been\u00a0<\/span>made\u00a0<\/span><\/span>available\u00a0<\/span>to\u00a0<\/span><\/span>retail\u00a0<\/span>customers\u00a0<\/span><\/span>at\u00a0<\/span><\/span>a\u00a0<\/span>cost\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rs\u00a0<\/span>25\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg\u00a0<\/span><\/span>via\u00a0<\/span><\/span>mobile\u00a0<\/span>vans\u00a0<\/span><\/span>run\u00a0<\/span><\/span>by\u00a0<\/span><\/span>NCCF\u00a0<\/span><\/span>and\u00a0<\/span><\/span>NAFED.<\/span><\/span><\/span><\/span><\/span><\/span>Approximately\u00a0<\/span><\/span>1.70\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>metric\u00a0<\/span>tonnes\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>have\u00a0<\/span>been\u00a0<\/span><\/span>removed\u00a0<\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>buffer\u00a0<\/span><\/span>thus\u00a0<\/span>far.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span>order\u00a0<\/span><\/span>to\u00a0<\/span>keep\u00a0<\/span><\/span>consumer\u00a0<\/span>prices\u00a0<\/span><\/span>in\u00a0<\/span><\/span>check\u00a0<\/span><\/span>and\u00a0<\/span><\/span>guarantee\u00a0<\/span><\/span>onion\u00a0<\/span><\/span>growers\u00a0<\/span><\/span>receive\u00a0<\/span><\/span>fair\u00a0<\/span>compensation,\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>are\u00a0<\/span><\/span>continuously\u00a0<\/span><\/span>purchased\u00a0<\/span><\/span>and\u00a0<\/span><\/span>disposed\u00a0<\/span><\/span>of\u00a0<\/span><\/span>from\u00a0<\/span>the\u00a0<\/span><\/span>buffer,\u00a0<\/span><\/span>according\u00a0<\/span><\/span>to\u00a0<\/span>the\u00a0<\/span><\/span>statement.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>DGFT\u00a0<\/span><\/span>announcement\u00a0<\/span><\/span>further\u00a0<\/span><\/span>stated\u00a0<\/span>that\u00a0<\/span><\/span>some\u00a0<\/span>onion\u00a0<\/span><\/span>consignments,\u00a0<\/span><\/span>including\u00a0<\/span>those\u00a0<\/span><\/span>that\u00a0<\/span>were\u00a0<\/span><\/span>turned\u00a0<\/span><\/span>over\u00a0<\/span>to\u00a0<\/span><\/span>Customs\u00a0<\/span><\/span>prior\u00a0<\/span><\/span>to\u00a0<\/span>this\u00a0<\/span><\/span>notice\u00a0<\/span><\/span>and\u00a0<\/span><\/span>are\u00a0<\/span>registered\u00a0<\/span><\/span>in\u00a0<\/span><\/span>their\u00a0<\/span>system,\u00a0<\/span><\/span>will\u00a0<\/span>be\u00a0<\/span><\/span>permitted\u00a0<\/span><\/span>to\u00a0<\/span>be\u00a0<\/span><\/span>exported\u00a0<\/span><\/span>without\u00a0<\/span><\/span>MEP.<\/span><\/span><\/span> <\/span><\/span><\/span>Consignments\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>that\u00a0<\/span><\/span>were\u00a0<\/span>brought\u00a0<\/span><\/span>into\u00a0<\/span>the\u00a0<\/span><\/span>Customs\u00a0<\/span><\/span>station\u00a0<\/span><\/span>for\u00a0<\/span><\/span>exportation\u00a0<\/span><\/span>prior\u00a0<\/span><\/span>to\u00a0<\/span>the\u00a0<\/span><\/span>issuance\u00a0<\/span><\/span>of\u00a0<\/span>this\u00a0<\/span><\/span>notification\u00a0<\/span><\/span>and\u00a0<\/span>that\u00a0<\/span><\/span>are\u00a0<\/span>registered\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>electronic\u00a0<\/span>systems\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>relevant\u00a0<\/span><\/span>Customs\u00a0<\/span><\/span>station\u00a0<\/span><\/span>custodian\u00a0<\/span><\/span>with\u00a0<\/span><\/span>verifiable\u00a0<\/span>proof\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>date\u00a0<\/span><\/span>and\u00a0<\/span>time\u00a0<\/span><\/span>these\u00a0<\/span>goods\u00a0<\/span><\/span>were\u00a0<\/span><\/span>brought\u00a0<\/span><\/span>into\u00a0<\/span><\/span>the\u00a0<\/span><\/span>Customs\u00a0<\/span><\/span>station\u00a0<\/span><\/span>are\u00a0<\/span>also\u00a0<\/span><\/span>eligible\u00a0<\/span>for\u00a0<\/span><\/span>export.<\/span><\/span><\/span> <\/span><\/span><\/span>It\u00a0<\/span>further\u00a0<\/span><\/span>stated\u00a0<\/span>that\u00a0<\/span><\/span>export\u00a0<\/span>duties\u00a0<\/span><\/span>paid\u00a0<\/span><\/span>would\u00a0<\/span>not\u00a0<\/span>be\u00a0<\/span><\/span>reimbursed.<\/span><\/span><\/span> <\/span><\/span><\/span>Due\u00a0<\/span>to\u00a0<\/span><\/span>a\u00a0<\/span>reduction\u00a0<\/span><\/span>in\u00a0<\/span><\/span>availability,\u00a0<\/span><\/span>onion\u00a0<\/span>prices\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>national\u00a0<\/span><\/span>capital’s\u00a0<\/span><\/span>retail\u00a0<\/span>market\u00a0<\/span><\/span>have\u00a0<\/span>increased\u00a0<\/span><\/span>even\u00a0<\/span>further\u00a0<\/span><\/span>to\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>65\u201380\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>Delhi-NCR,\u00a0<\/span><\/span>Mother\u00a0<\/span>Dairy,\u00a0<\/span><\/span>which\u00a0<\/span>has\u00a0<\/span><\/span>over\u00a0<\/span>400\u00a0<\/span><\/span>Safal\u00a0<\/span><\/span>retail\u00a0<\/span>locations,\u00a0<\/span><\/span>charges\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>67\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg\u00a0<\/span><\/span>for\u00a0<\/span><\/span>loose\u00a0<\/span><\/span>onions.<\/span><\/span><\/span><\/span><\/span><\/span>e-commerce\u00a0<\/span>website<\/span><\/span><\/span> <\/span><\/span><\/span>Otipy\u00a0<\/span><\/span>costs\u00a0<\/span><\/span>Rs\u00a0<\/span>70\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg,\u00a0<\/span><\/span>whereas\u00a0<\/span><\/span>Bigbasket\u00a0<\/span><\/span>sells\u00a0<\/span><\/span>for\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>67.<\/span><\/span><\/span> <\/span><\/span><\/span>Onions\u00a0<\/span><\/span>are\u00a0<\/span>being\u00a0<\/span><\/span>sold\u00a0<\/span><\/span>by\u00a0<\/span><\/span>local\u00a0<\/span>sellers\u00a0<\/span><\/span>for\u00a0<\/span><\/span>Rs\u00a0<\/span>80\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg.<\/span><\/span><\/span> <\/span><\/span><\/span>On\u00a0<\/span><\/span>Wednesday,\u00a0<\/span><\/span>Mother\u00a0<\/span>Dairy\u00a0<\/span><\/span>was\u00a0<\/span>selling\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>for\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>54\u201356\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg;\u00a0<\/span><\/span>as\u00a0<\/span>of\u00a0<\/span><\/span>right\u00a0<\/span>now,\u00a0<\/span><\/span>the\u00a0<\/span>price\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg\u00a0<\/span><\/span>has\u00a0<\/span>increased\u00a0<\/span><\/span>to\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>67.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>Centre\u00a0<\/span><\/span>agreed\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Friday\u00a0<\/span><\/span>to\u00a0<\/span>increase\u00a0<\/span>the\u00a0<\/span><\/span>sale\u00a0<\/span><\/span>of\u00a0<\/span><\/span>buffer\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>at\u00a0<\/span><\/span>a\u00a0<\/span>discounted\u00a0<\/span>rate\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rs\u00a0<\/span>25\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg\u00a0<\/span><\/span>in\u00a0<\/span><\/span>retail\u00a0<\/span>markets\u00a0<\/span><\/span>in\u00a0<\/span><\/span>an\u00a0<\/span>effort\u00a0<\/span><\/span>to\u00a0<\/span>help\u00a0<\/span><\/span>customers\u00a0<\/span><\/span>in\u00a0<\/span><\/span>light\u00a0<\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>increase\u00a0<\/span><\/span>in\u00a0<\/span><\/span>retail\u00a0<\/span>prices.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>average\u00a0<\/span>retail\u00a0<\/span>price\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>in\u00a0<\/span>India\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Saturday\u00a0<\/span><\/span>is\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>45\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg,\u00a0<\/span><\/span>with\u00a0<\/span><\/span>a\u00a0<\/span>maximum\u00a0<\/span><\/span>price\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rs\u00a0<\/span>80\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg,\u00a0<\/span><\/span>according\u00a0<\/span>to\u00a0<\/span><\/span>data\u00a0<\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>Department\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Consumer\u00a0<\/span>Affairs.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>going\u00a0<\/span><\/span>rate\u00a0<\/span>in\u00a0<\/span><\/span>Delhi\u00a0<\/span><\/span>is\u00a0<\/span><\/span>Rs\u00a0<\/span>75\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg\u00a0<\/span><\/span>on\u00a0<\/span><\/span>average.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>those\u00a0<\/span>states\u00a0<\/span><\/span>where\u00a0<\/span>there\u00a0<\/span><\/span>has\u00a0<\/span>been\u00a0<\/span><\/span>a\u00a0<\/span>significant\u00a0<\/span>increase\u00a0<\/span><\/span>in\u00a0<\/span><\/span>prices,\u00a0<\/span><\/span>the\u00a0<\/span>ministry\u00a0<\/span><\/span>reports\u00a0<\/span><\/span>that\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>are\u00a0<\/span>being\u00a0<\/span><\/span>offloaded\u00a0<\/span><\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>buffer\u00a0<\/span>stock\u00a0<\/span><\/span>in\u00a0<\/span><\/span>both\u00a0<\/span>wholesale\u00a0<\/span>and\u00a0<\/span>retail\u00a0<\/span><\/span>markets.<\/span><\/span><\/span> <\/span><\/span><\/span>Approximately\u00a0<\/span><\/span>1.7\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>tonnes\u00a0<\/span><\/span>of\u00a0<\/span><\/span>buffer\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>have\u00a0<\/span>been\u00a0<\/span><\/span>offloaded\u00a0<\/span><\/span>at\u00a0<\/span>various\u00a0<\/span><\/span>places\u00a0<\/span><\/span>across\u00a0<\/span><\/span>22\u00a0<\/span>states\u00a0<\/span><\/span>since\u00a0<\/span><\/span>mid-August.<\/span><\/span><\/span> <\/span><\/span><\/span>Buffer\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>are\u00a0<\/span>offloaded\u00a0<\/span><\/span>from\u00a0<\/span><\/span>retail\u00a0<\/span>markets\u00a0<\/span><\/span>by\u00a0<\/span><\/span>vehicles\u00a0<\/span><\/span>and\u00a0<\/span><\/span>the\u00a0<\/span>outlets\u00a0<\/span><\/span>of\u00a0<\/span>two\u00a0<\/span><\/span>cooperative\u00a0<\/span><\/span>entities,\u00a0<\/span><\/span>NCCF\u00a0<\/span><\/span>and\u00a0<\/span><\/span>NAFED,\u00a0<\/span><\/span>at\u00a0<\/span><\/span>a\u00a0<\/span>reduced\u00a0<\/span>rate\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rs\u00a0<\/span>25\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kg.<\/span><\/span><\/span> <\/span><\/span><\/span>Buffer\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>are\u00a0<\/span>also\u00a0<\/span><\/span>available\u00a0<\/span>in\u00a0<\/span><\/span>Delhi\u00a0<\/span><\/span>at\u00a0<\/span><\/span>this\u00a0<\/span><\/span>discounted\u00a0<\/span>price.<\/span><\/span><\/span> <\/span><\/span><\/span>According\u00a0<\/span><\/span>to\u00a0<\/span>a\u00a0<\/span><\/span>top\u00a0<\/span><\/span>government\u00a0<\/span>official,\u00a0<\/span><\/span>poor\u00a0<\/span>weather\u00a0<\/span><\/span>caused\u00a0<\/span><\/span>the\u00a0<\/span><\/span>kharif\u00a0<\/span><\/span>onion\u00a0<\/span><\/span>seeding\u00a0<\/span><\/span>to\u00a0<\/span>be\u00a0<\/span><\/span>delayed,\u00a0<\/span><\/span>which\u00a0<\/span>led\u00a0<\/span><\/span>to\u00a0<\/span>less\u00a0<\/span><\/span>crop\u00a0<\/span><\/span>coverage\u00a0<\/span><\/span>and\u00a0<\/span><\/span>a\u00a0<\/span>delayed\u00a0<\/span>delivery\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>crop.<\/span><\/span><\/span> <\/span><\/span><\/span>By\u00a0<\/span><\/span>now,\u00a0<\/span><\/span>the\u00a0<\/span>fresh\u00a0<\/span><\/span>kharif\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>ought\u00a0<\/span><\/span>to\u00a0<\/span>have\u00a0<\/span><\/span>begun\u00a0<\/span><\/span>to\u00a0<\/span>arrive,\u00a0<\/span><\/span>but\u00a0<\/span>they\u00a0<\/span><\/span>haven’t.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>official\u00a0<\/span><\/span>said,\u00a0<\/span><\/span>“There\u00a0<\/span><\/span>is\u00a0<\/span><\/span>a\u00a0<\/span>tight\u00a0<\/span>supply\u00a0<\/span><\/span>situation,\u00a0<\/span><\/span>resulting\u00a0<\/span>in\u00a0<\/span><\/span>price\u00a0<\/span>increases\u00a0<\/span><\/span>in\u00a0<\/span><\/span>both\u00a0<\/span>wholesale\u00a0<\/span>and\u00a0<\/span>retail\u00a0<\/span><\/span>markets.\u00a0<\/span><\/span>This\u00a0<\/span><\/span>is\u00a0<\/span>caused\u00a0<\/span><\/span>by\u00a0<\/span><\/span>stored\u00a0<\/span><\/span>rabi\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>running\u00a0<\/span><\/span>out\u00a0<\/span>and\u00a0<\/span><\/span>delays\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>arrival\u00a0<\/span><\/span>of\u00a0<\/span><\/span>kharif\u00a0<\/span><\/span>onions.”<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>government\u00a0<\/span><\/span>has\u00a0<\/span>quadrupled\u00a0<\/span><\/span>the\u00a0<\/span>buffer\u00a0<\/span><\/span>supply\u00a0<\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>current\u00a0<\/span>year,\u00a0<\/span><\/span>he\u00a0<\/span><\/span>added,\u00a0<\/span><\/span>so\u00a0<\/span><\/span>domestic\u00a0<\/span>availability\u00a0<\/span><\/span>should\u00a0<\/span>improve\u00a0<\/span><\/span>and\u00a0<\/span><\/span>pricing\u00a0<\/span><\/span>should\u00a0<\/span>be\u00a0<\/span><\/span>monitored\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>coming\u00a0<\/span>days.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>consumer\u00a0<\/span><\/span>affairs\u00a0<\/span><\/span>ministry,\u00a0<\/span><\/span>working\u00a0<\/span>with\u00a0<\/span><\/span>NCCF\u00a0<\/span><\/span>and\u00a0<\/span><\/span>NAFED,\u00a0<\/span><\/span>has\u00a0<\/span>kept\u00a0<\/span><\/span>a\u00a0<\/span>buffer\u00a0<\/span>stock\u00a0<\/span><\/span>of\u00a0<\/span>5\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>tonnes\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>for\u00a0<\/span>the\u00a0<\/span><\/span>2023\u201324\u00a0<\/span><\/span>fiscal\u00a0<\/span>year.\u00a0<\/span><\/span>They\u00a0<\/span><\/span>also\u00a0<\/span>have\u00a0<\/span><\/span>plans\u00a0<\/span><\/span>to\u00a0<\/span>purchase\u00a0<\/span><\/span>an\u00a0<\/span>additional\u00a0<\/span><\/span>2\u00a0<\/span>lakh\u00a0<\/span><\/span>tonnes\u00a0<\/span><\/span>of\u00a0<\/span><\/span>onions\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>near\u00a0<\/span>future.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

\"Govt
Govt imposes USD 800\/tonne minimum export price on onion; to buy additional 2 lac tonnes for buffer<\/figcaption><\/figure>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI: In\u00a0an\u00a0effort\u00a0to\u00a0boost\u00a0the\u00a0supply\u00a0of\u00a0onions\u00a0on\u00a0the\u00a0domestic\u00a0market\u00a0and\u00a0control\u00a0pricing,\u00a0the\u00a0government\u00a0on\u00a0Saturday\u00a0set\u00a0a\u00a0minimum\u00a0export\u00a0price\u00a0(MEP)\u00a0of\u00a0USD\u00a0800\u00a0per\u00a0tonne\u00a0for\u00a0onion\u00a0exports\u00a0through\u00a0December\u00a031\u00a0of\u00a0this\u00a0year. The\u00a0ruling\u00a0is\u00a0effective\u00a0as\u00a0of\u00a0October\u00a029. In\u00a0addition,\u00a0the\u00a0government\u00a0has\u00a0declared\u00a0that\u00a0it\u00a0will\u00a0purchase\u00a0an\u00a0extra\u00a02\u00a0lakh\u00a0tonnes\u00a0of\u00a0onions\u00a0for\u00a0the\u00a0buffer\u00a0in\u00a0addition\u00a0to\u00a0the\u00a05\u00a0lakh\u00a0tonnes\u00a0that\u00a0it\u00a0has\u00a0already\u00a0purchased. All\u00a0onion\u00a0varieties\u2014aside\u00a0from\u00a0Bangalore\u00a0Rose\u00a0and\u00a0Krishnapuram\u00a0onions\u2014as\u00a0well\u00a0as\u00a0chopped,\u00a0sliced,\u00a0or\u00a0broken\u00a0onions\u00a0in\u00a0powder\u00a0form\u00a0are\u00a0covered\u00a0by\u00a0the\u00a0MEP. “Onion\u00a0exports\u00a0are\u00a0free. MEP\u00a0of\u00a0USD\u00a0800\u00a0FOB\u00a0(free\u00a0on\u00a0board)\u00a0per\u00a0tonne\u00a0is\u00a0enforced\u00a0through\u00a0December\u00a031,\u00a02023,\u00a0according\u00a0to\u00a0a\u00a0statement\u00a0from\u00a0the\u00a0Directorate\u00a0General\u00a0of\u00a0Foreign\u00a0Trade. According\u00a0to\u00a0an\u00a0official\u00a0statement,\u00a0the\u00a0action\u00a0will\u00a0support\u00a0keeping\u00a0onions\u00a0reasonably\u00a0priced\u00a0and\u00a0sufficiently\u00a0available\u00a0to\u00a0domestic\u00a0consumers\u00a0as\u00a0the\u00a0amount\u00a0of\u00a0Rabi\u00a02023\u00a0onions\u00a0being\u00a0stored\u00a0is\u00a0decreasing. The\u00a0MEP\u00a0of\u00a0USD\u00a0800\u00a0per\u00a0tonne\u00a0is\u00a0equivalent\u00a0to\u00a0roughly\u00a0Rs\u00a067\u00a0per\u00a0kg. Since\u00a0the\u00a0second\u00a0week\u00a0of\u00a0August,\u00a0onions\u00a0from\u00a0the\u00a0buffer\u00a0have\u00a0been\u00a0regularly\u00a0disposed\u00a0of\u00a0in\u00a0the\u00a0nation’s\u00a0key\u00a0consumption\u00a0hubs.\u00a0They\u00a0have\u00a0also\u00a0been\u00a0made\u00a0available\u00a0to\u00a0retail\u00a0customers\u00a0at\u00a0a\u00a0cost\u00a0of\u00a0Rs\u00a025\u00a0per\u00a0kg\u00a0via\u00a0mobile\u00a0vans\u00a0run\u00a0by\u00a0NCCF\u00a0and\u00a0NAFED.Approximately\u00a01.70\u00a0lakh\u00a0metric\u00a0tonnes\u00a0of\u00a0onions\u00a0have\u00a0been\u00a0removed\u00a0from\u00a0the\u00a0buffer\u00a0thus\u00a0far. 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The\u00a0Centre\u00a0agreed\u00a0on\u00a0Friday\u00a0to\u00a0increase\u00a0the\u00a0sale\u00a0of\u00a0buffer\u00a0onions\u00a0at\u00a0a\u00a0discounted\u00a0rate\u00a0of\u00a0Rs\u00a025\u00a0per\u00a0kg\u00a0in\u00a0retail\u00a0markets\u00a0in\u00a0an\u00a0effort\u00a0to\u00a0help\u00a0customers\u00a0in\u00a0light\u00a0of\u00a0the\u00a0increase\u00a0in\u00a0retail\u00a0prices. The\u00a0average\u00a0retail\u00a0price\u00a0of\u00a0onions\u00a0in\u00a0India\u00a0on\u00a0Saturday\u00a0is\u00a0Rs\u00a045\u00a0per\u00a0kg,\u00a0with\u00a0a\u00a0maximum\u00a0price\u00a0of\u00a0Rs\u00a080\u00a0per\u00a0kg,\u00a0according\u00a0to\u00a0data\u00a0from\u00a0the\u00a0Department\u00a0of\u00a0Consumer\u00a0Affairs. The\u00a0going\u00a0rate\u00a0in\u00a0Delhi\u00a0is\u00a0Rs\u00a075\u00a0per\u00a0kg\u00a0on\u00a0average. 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According\u00a0to\u00a0a\u00a0top\u00a0government\u00a0official,\u00a0poor\u00a0weather\u00a0caused\u00a0the\u00a0kharif\u00a0onion\u00a0seeding\u00a0to\u00a0be\u00a0delayed,\u00a0which\u00a0led\u00a0to\u00a0less\u00a0crop\u00a0coverage\u00a0and\u00a0a\u00a0delayed\u00a0delivery\u00a0of\u00a0the\u00a0crop. By\u00a0now,\u00a0the\u00a0fresh\u00a0kharif\u00a0onions\u00a0ought\u00a0to\u00a0have\u00a0begun\u00a0to\u00a0arrive,\u00a0but\u00a0they\u00a0haven’t. The\u00a0official\u00a0said,\u00a0“There\u00a0is\u00a0a\u00a0tight\u00a0supply\u00a0situation,\u00a0resulting\u00a0in\u00a0price\u00a0increases\u00a0in\u00a0both\u00a0wholesale\u00a0and\u00a0retail\u00a0markets.\u00a0This\u00a0is\u00a0caused\u00a0by\u00a0stored\u00a0rabi\u00a0onions\u00a0running\u00a0out\u00a0and\u00a0delays\u00a0in\u00a0the\u00a0arrival\u00a0of\u00a0kharif\u00a0onions.” The\u00a0government\u00a0has\u00a0quadrupled\u00a0the\u00a0buffer\u00a0supply\u00a0of\u00a0onions\u00a0for\u00a0the\u00a0current\u00a0year,\u00a0he\u00a0added,\u00a0so\u00a0domestic\u00a0availability\u00a0should\u00a0improve\u00a0and\u00a0pricing\u00a0should\u00a0be\u00a0monitored\u00a0in\u00a0the\u00a0coming\u00a0days. 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